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Hey guys-I've spent a lot of time filling out my worksheets - trying to figure out if a multiplex I've found is going to be profitable. Some, not many have an annual ROI...but it's usually something like 1-3%. I nee...
My first property as an investor sort of happened by accident. When buying my first home i did not anticipate the navy moving me across the country a year later. I couldn't resell because I couldn't afford the loss. T...
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I'm anticipating on making a cash offer on a small office building in my area, which means that I'll need to submit a proof of funds letter with my offer. The cash will partly come from the sale of another property ...
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I found a vacant lot that I like a lot, the only problem is that it has a Well on the property. What is the marketability of this type of property? What are the pitfalls? Are there any workarounds? Any advice would...
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Hey guys! Technically not a new member, but I've been listening to the podcast for over a year now! We are located in the Lee's Summit/Kansas City area and are looking to flip!We flipped our first and sold it in July ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $360,000
Split two family ranch style with a great bones. Other than interior cosmetic updates it was move in re...
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Hey guys,
You here stories all the time about how people put so much work and effort into a property. Sometimes its done as a flip, or just so the property increases in value. My question is, how do you know what wor...
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Hello Fellow BP'ers! I am a Brooklyn based investor currently weighing an opportunity in Fishtown. Specifically, near the Frankford Ave/Richmond St intersection.Since I am completely unfamiliar with Philly (I've only...
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Hey guys,I ran a few properties through a spreadsheet I have been using and wanted to get some feedback on my numbers. Do my expectations seem realistic? Are my vacancy and repairs/maintenance figures about right? Am ...
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Closing is now 20 days away...what are some things that I should be doing to prepare?Quick background, this is a 4-unit property where I will be living in one unit, one tenant is staying in place (lease up in January)...