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I recently started in multifamily investing after years of flipping and investing in single family homes. You think with real estate experience the transition would be fairly simple, but I can honestly say, I had no ...
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My HOA has a rental cap, and the waiting list is 4 years long. I bought this condo was meant to live in for a few years, however, with my job change, it does not make sense to live here any more.My plan is to create a...
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Appreciate the help and advice as this topic moves along. A little long however figure the more info you know the better tailored your advice can be.What I've got so far. I met with a local gentleman who started inv...
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Hi,
I am considering a 2 unit that is listed ~440 and requires about ~60k in rehab. Obviously, this puts me over the FHA limit. Is it possible to put together a larger down payment (say 15%) to enable a 203k fha loan...
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*This link comes directly from our calculators, based on information input by the member who posted.This will be my first rental unit.This is a REO and crazily this is a move-in ready 2 b...
Look at this scenario: 100K ARV - 70% Rule = 70k - 20k repairs = 50k.100k ARV - 70K (70% ARV) = 30K PROFIT.15% of 30k for soft costs and 15% for my fee and flipper's profit. 12k for the investor/flipper and 3k for me....
I've been thinking about this investing strategy and wondering what's wrong with it. There has to be something otherwise all investors would be doing something like this.
1. Buy a lot. Let's say $100k2. Put in a man...
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The actual planks cost about $400What’s a reasonable price to pay for someone to install it. This is the next step on trying to eradicate a pet smell from the last tenant.
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Hi BP Members...
I'm Ted Peterson and I'm new to all of this...I live in CT and was recently bit by the RE Bug...Hard!
I've been told its best when your first starting out to start with a buyers list...That way yo...
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I am new to the west coast and new to my building. I have searched the ends of the internet but can't seem to find an answer to my question, so I come to you.
I am recently moved to a duplex. The lower tenant and I...