Hi BP! First-time homebuyer here. Circling in on a 2-family at about $200,000. The home needs a minimum of $50,000 in renovations. I am approved for $300,000 and will owner-occupy 1 of the units. Below are 3 loan poss...
Hey guys, I hope everyone is doing great, Just wondering how much can I deduct per year on rental property renovation?
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...
In a recent video, Brandon says he looks for 12% COCR when analyzing deals, but, given the typical closing and post-closing expenses that go into a deal, that would bring the COCR down sometimes by quite a bit. The CO...
What’s the one renovation you’ve found to bring the highest ROI in your fix-and-flip projects?
Hi Everyone,I have been looking for information or stories about investors flipping multifamily houses like brownstones in major cities. These would represent much higher end flips compared to standard SFR but would ...
My husband and I found a deal that looks like this - 500,000 for two houses on the same lot. One is a small 3 bed 2 bath that has a tenant in place paying 1100. The other is a 10,000 square foot house with 4 kitchens ...
Hi I am currently looking for a second property in the Los Angeles area to House Hack! I purchased a duplex last year and have since renovated, placed a tenant and looking to refinance soon and do it all again. I am l...
Hello BP nation. I wanted to hear your thoughts on building new. Originally I was looking to BRRRR in a gentrifying neighborhood. Most properties in The area I am looking at are in extremely bad shape and need to be t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Whittier.
Purchase price: $840,000
Cash invested: $75,000
Sale price: $1,200,000
Full renovation of all 4 units. All o...