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Howdy BP,
I will be giving updates on this project periodically. Feel free to ask questions to drive what I write:
Here is where is started, and here is the November update:
Thank for the idea Ji...
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Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
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I found this deal at a local REIA meeting. A realtor/wholesaler/investor had a single-family, 725 square foot, asbestos-siding, wood frame, house in a C/C- area four houses down from a major intersection that proba...
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Hello BP community. I am based in NY and given the poor cash flow around this area in general, I'm looking to invest out of state from beginning to end. This includes scouting for below market / reasonably valued prop...
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Hi all, reposting this in a different section for more perspectives.I have an off-market property under contract for 400K in SLC, Utah that I was planning on house-hacking to friends while renovating. A problem arose ...
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Hi guys,Closing on a 1950s single family in need of some TLC. IE. old pink bathrooms Etc...Plan to hold as a long term rental for now.....IW as curious to know if anyone has used the services of those companies that...
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Hi BP friends! I have a potential investment in Toledo Ohio 43607 and I’m still deciding if it’s a good buy. I’m from out of state. I’ve noticed that the properties are cheap on that zip code less than 10k. I’m wonder...
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Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
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Last week I was in Kansas City, MO to meet with turnkey providers and get a better feeling for the city and what is available. Due to personal constraints I was only in town for 3 days which, while enough for initial ...
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I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...