Jordan Alexander
Need Advice: Looking at this 2% rule 3 unit prop as my 2nd Deal
Class C neighborhood, 3 units on the property, one duplex 1 bed 1 bath apt (both are already rented currently), & one 3 bed 1 bath house. Gross rent is expected at $1600-1700 with a purchase price of $70,000 (1st ...
Adam Juodis
BRRRR while working a demanding full time job- Who's done it?
Hey guys. My original plan was to buy and hold a rent ready rental, but I came across a nice 4BR/2.5BA SFR that had an appealing price point. This particular property has been listed for over a year now, and the price...
Jewel B.
Buying a Rental: Tenant Occupancy Status
Hello there,
I am currently in the process of acquiring my first property, a rental property. My goal (3 options in descending order) is to acquire a local 2-4 unit to house hack, a 2-4 unit outside my desired living...
Ellen Poth Alvarado
Why am I not getting any response on my wholesale deal in Spring, TX?
I'm new to wholesaling and I'm worried I got into a deal that I may not be able to wholesale. ARV = $285k, repairs are only paint & carpet (3200 sf house), rents are $2100 and I'm asking $236,500. (not a big pro...
Chris Kay
How Far Does $50k Go for Rehab?
Looking to get into the BRRRR game and trying to estimate how much renovations will cost for an average distressed 2-3 bedroom home roughly 1200 square feet or less. I still need to link up with a contractor and talk ...
Frank Lo
Favorite/Cheapest Ways to Add Value
Hello BPConsidering buying our first home as a primary residence. We want to start a family and move into a house we can call home.With interest rates so low, we can get a great rate on a 15-year mortgage.However, we ...
Billy Cha
New Landlords, Inherited tenants, Upcoming renewal
Hi All,My Wife and I recently acquired our 1st rental property and inherited long term tenants along with the existing lease. Now the lease is set to expire soon and we'd like to increase the rent and incorporate a co...
Nixon Vayupak
Need Input to close this CA deal. Where can I have done better?
Just recently, I received a call from one of my yellow letter mailers. The property is located here in Southern California in a very demanding part of Orange County block away from Roosmore. High overview, the mothe...
Andreas Mueller
Why Should the Fed Cut Rates at All?
Welcome to my weekly skeptical investor forum, right here on BP! A frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
Today We’re Talkin:
- Th...
Samuel Girouard
New owner speaking to old tenant
So I'm getting closer to closing on my first multi family in the Worcester area of mass. I've been living here for the last 6 months and it so happend the owner wanted to sell. Long story short the tenant down stairs ...