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My wife and I just did our first deal in Philadelphia PA and got our first rent check on June 15, 2017! Ive been on the forums since ~December of 2015. Prior to that, I never thought of real estate as a viable way of ...
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Please let me know if you think this is a good deal.It is a 2100sf single family which I want to convert into a duplexEst rent for both units $2600Cash Purchase price $240000Repair costs $50000Monthly tax after repair...
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I am new to the short term rental market and just purchased our first a couple months ago in the Pocono Mountains,PA. It's up on the usual sites for rent and it's doing well. My question is, what is the standard rul...
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For years my wife hated it when I would watch "Designed to Sell," "Flip or Flop," "Flip This House," or "Curb Appeal." She said that since we were living it on a daily basis, doing 10-25 home renovations per month th...
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I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
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I just completed my first BRRRR project, getting the long term financing in place this week. Details of the project are below:Properties: 2 duplexes, side by side in Tacoma, WAAcquisition Date: 3/31/17Acquisition pr...
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Hey guys!So been going back and forth on this one for a while.250k SFR single story 3bd 2ba. (Market Value 265k)10% down + closing costs (32k)Monthly P&I + insurance/property tax etc.1400/monthCurrent tenant will ...
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My first rental BRR(RR). All credit is due to what ive learned here, from you guys! I fixed up a distressed 3br 2ba last year, took out a HELOC and used 90% of it on the downpayment for this duplex, and the rest to he...
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What's up, BP? A few months ago, I posted an article on a flip that was in the beginning stages in a historic district of downtown Tucson: https://www.biggerpockets.com/forums/311/topics/55.... That project has now b...
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Hi all,I'm looking at a property where the garage has been turned into a (second) kitchen. The adjacent room has potential to be split off and the whole section could be rented out. Unfortunately this is not something...