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I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
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I see a lot of people analyzing deals and they do a nice job of assigning a certain percentage of monthly rent for different expenses, maybe 5% repairs/maintenance, 5% Cap Ex, 4% Vacancy, and 8-10% Property Management...
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Hi,I've done accident BRRRRs before (before I knew it was a tactic) but now I'm getting ready to do my first intentional one. It needs numerous updates, mostly cosmetic but some substantial, including new countertops....
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TLDR; House hacking: it works.Howdy,About nine months ago, I closed on my first property (house hack in DFW, TX). I've had a few people from Bigger Pockets and other friends reach out with questions, so I fig...
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Hello BP friends. I have a dilemma regarding the best way to move forward regarding some serious lease violations by my tenants.I own a duplex in Buffalo NY, however I live in TX now. I have tenants that have been in...
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Park manager are the key to Lonnie Deals:I am a huge fan of mobile homes. Dollar for dollar, I see no other investment that compares to the great returns you can achieve with these properties.Returns typically run fro...
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Hi Flippers/Rehabbers.... What are your thoughts on painted cabinets? Should I make the investment for new cabinets or can cabinets be preserved? This project is for a flip.
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Hi everyone,I just recently bought a condo and would like to put it on the market for rent soon. I had a discussion with my agent about what rent to charge. He was trying to convince me that because December is usuall...
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Hey everybody,I've been lurking around the site for a while now and figured it's time I said hello.My wife and I bought our first home (a fixer upper in Seattle) in 2013. We didn't really buy it with a plan, other tha...
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I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...