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What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
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I live in a really expensive market, in Santa Barbara, CA. Buying a small 2/1 home starts at around 800k. Taking advantage of California's new ADU law, I decided to buy one of these small homes and permit an ADU. (A v...
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I have found a deal that I would like to wholesale in Phoenix, AZ. I want to help out the Seller as best I can with her situation, although I am in need of some advice in how to best assist her.The owner is intereste...
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Investors - I'm torn on making a decision here and am curious how some of you would handle this situation.
For starters, here is my background. I am a new investor in KCMO, but live in Denver. I bought three SFHs a...
Hello all, I am a newbie investor- bought my 1st out of state rental . The property is a 3bed 1.5 bath- needs new LVP flooring in kitchen/living room/hallway/bathroom and basement . Bedrooms have hardwood- which need ...
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Hello,Did a quick search and didn't see anything like this similar so here we are.I am currently under contract to purchase my first Duplex in Mid February. Its a corner lot with both a shed and a carport. The quest...
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Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...
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Hi,
I wan't to build a detached ADU in our backyard. This would be my first home building/addition project. I was looking for suggestions on:
Total Cost & Cost per sq / ft Project timelineSuggestions...
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I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
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I am negotiating the purchase of a well located home on the SF peninsula. As it stands, it is a 2BR 1.5BA, 1,020SF home on a 5,000 SF lot. It is currently a rental that needs some TLC.Purchase price will be approx. ...