Hey BP Forum! When you purchase a buy and hold property do you believe in making only necessary repairs or do you go in and gut the place even if it doesn’t help your ROI? I’ve been going back and forth on thi...
I read a lot about hiring a contractor. Has anyone ever calculated how much they saved by not using contractors and did most of the rehab work themselves? Or the real question is what percent of costs is going to con...
Hello fellow BP members,I am excited to say that my wife and I are closing on our first buy and hold/house hack duplex today!So let me paint a picture first. The property we have obtained came with two existing tenant...
Hi there, hope all of you doing BRRRR find this useful! This property is located on Dumfries Drive in Fayetteville NC. The home is a 3/2. I included a few before and afters. Unfortunately I financed at 5.25% right bef...
what is your average time to rehab before you flip? *So we are clear I am only talking to flippers that Outsource their work to be done, not do-it-yourselfers.Since I am financing my deal Common Sense tells me that I...
Greetings!
I plan on meeting with a seller soon and could put in an offer if I am able to get the property for the price I have in mind. I extracted and copied the major milestone dates on my offer form below, but I ...
Hi All,After crunching the numbers using a mortgage calculator, I'm having difficulty finding a property where I can cash flow from day 1. Let me break it down for you:Boston prices are sky-high so I plan on house hac...
Hello,
I just got my real estate license two weeks ago, and my mother is interested in selling her house in the near future. What should I be aware of if I am selling a house for a family member? I plan on giving her...
How would you deal with this situation:My tenant did not have pets when they signed the lease for a unit in MF building recently when I was there for some work I noticed they were keeping a cat.My lease says"No Pets"....
We closed on our 1st investment property around Thanksgiving, and put in some elbow grease and many trips to Lowe's to get it ready to rent on Airbnb. It took a little longer than expected (they always do, don't they...