Hi All, I have a deal that came across the table and am curious what you think or if you have any advice. The investor purchased a triplex for $1.4mm and will put about $150k into it over six months. with about 20% do...
Hello all,My name is Ryan Dunne Ewing. I am a 29 year old licensed attorney that decided on a whim to purchase a 4 unit multi family property in Charleston, WV 53 weeks ago. Whew boy have I learned some hard lessons.T...
For those who own 5 or more SFR properties, what exit strategies would you consider? 1. Sell individually to other rental investors, 2. Sell in bulk 3. Sell to homeowners
I'm looking at a duplex. Asking price is 62k. This is unrealistic. Property is empty. Sellers used to live in the property - they used both sides. Property has been on the market for 97 days. Sellers now live in Flori...
Hi all,
I've come to a verbal agreement with a seller on an off-market deal, and am doing my due diligence. I found out he replaced the roof about 7 years ago and he did not pull any permits when doing the roof. I wa...
Hello BP Community!
What are some ways to go about finding out comps for properties in a neighborhood?
Thanks in advance for the help.
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
Hi, I'm looking into purchasing a 3 bedroom townhome in Alexandria VA (1,142 sqf living area) which has lead based paint. It was built in 1974. Can anyone offer an approximation for how much it would cost to remove ...
Hello fellow BP folks! I wanted to share one of the projects that I completed that led me to finding my way to BP's forums and has inspired me to start my journey on flipping homes. I also hope anyone reading this mig...
Hi everyone,I was wondering if anyone would want to chime in on this deal. I want to possibly do the BRRR strategy / FLIP the home. The number seems to make sense, just wanted to get some input on what everyone here h...