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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Wilmington.
Purchase price: $101,750
Cash invested: $31,000
Type: TriPlex - Wilmington, OH
Units: 2 (2BR/1BA), 1 (1BR/1BA)...
Hello, I filed a fire claim with my insurance company (TX). I was pressured (by adjuster) to use their "preferred" contractor to do the work. It was huge mistake hiring insurance preferred vendor. I won't go into ea...
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"In god we trust, all others bring data" - a favorite of my old boss. I study real estate data on a regular basis and publish a monthly video about what I see in my local market. And it's important to me that I make a...
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I've been reading quite a few of the past discussions about lease amendments but thought I would post our specific situation to see what your opinions are. We are new to the rental business. We had our tenants sign ou...
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We are doing our first 2 flips simultaneously. The 1st was pretty much as expected. The 2nd was the typical nightmare that you hear about so often from other investors.Our original costs were $26k, which was a signe...
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As Posted in Subject.Im Sending an ITEMIZED ESTIMATION of REHAB COSTS to my AGENT to Send "WITH MY OFFER"I Felt this was a good idea so they Realize how much Money is needed to Have it to Code.Do you think this is a g...
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Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
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I never see anything talked about or written on the proper way to conduct an Annual (or bi-annual) inspection on a rental.Conducting the inspections without charging the tenant for maintenance (if) needed seems pointl...
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Hi All,I've attached an image that shows two methods of running numbers on this potential cash flow property. The left image is highly detailed, the right image is percentage based. Am I being too crazy with the more ...
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Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...