Investment Info:

Small multi-family (2-4 units) fix & flip investment in Salem.

Purchase price: $510,000

Cash invested: $330,000

Sale price: $1,350,000

The first floor will be a 3 bedroom 2 f...

Hey everyone,I'm a Boston based real estate investor (although my portfolio and property management company is located in NH) who is looking to start buying multifamily property in Florida, specifically the Lakeland a...

Hi All!

Closing on a triplex soon and will need to do some extensive remodeling.  Working on the layout now and would love some feedback.

Here's the original layout of the property.  It has a pretty terrible lay...

What does everyone think about lease options?I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property w...

I am in a little bit of a holding pattern with the city pretty much locked down from the pandemic and considering my options.  I am in the process of renovating a 3 story rowhouse in the point breeze area that I’ve ow...

For any potential home buyer, a general inspection is of course a must. But upon doing some research, I see that some recommend doing more detailed inspections before closing such as: termite, radon, plumbing, ro...

Hi, My wife and I are in the process of selling our house in Delray Beach, Florida. We bought it back in 2015 without knowing that there was an un-permitted addition where the carport had been turned into another bedr...

Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...

Hello BPers!I have a deal I am attempting to structure and I would like to be able to provide some guidance to the other party in order to make the transition easier for him.  He is a family friend and this is the fir...

Hi everyone,I have read a few Property Management agreements and they all seem to say that the PM company must be listed as an additional insured on the insurance policy (DP Policy). Do those who use property manageme...