Justin Clemmer
Rental property analysis
I have only just begun researching real estate investment so I've been analyzing random properties for practice, and I came across one that seems really good to me but I'm wondering what I might be missing. I've tried...
Anne Laurenzi
Newbie with an opportunity for a multi unit purchase
So, a property near me just posted a few hours ago. It's 6 units. 1 duplex that is 2bed/1bath and a 4-plex that are 1/1 each. They want $120k. At MINIMUM, I could get $600 for each duplex unit and $400 for single unit...
David Martoyan
What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
Hi everyone,
Fix-and-flip projects can be incredibly rewarding, but they always come with challenges. I’ve recently started focusing on markets like Houston, South Florida, and Indianapolis and would love to hear fro...
Clint G.
Do you include home appreciation in your pro forma?
Hello!I'm looking to purchase my first investment property.I met with a couple of local investors/brokers yesterday with the intent to analyze multi-family properties. I was surprised that they steered me away from th...
Kris Rasmussen
1st flip done, more to come...
This post is really overdue, I actually finished this flip and sold it about 6 months ago.I started looking for houses to flip in northern NJ in Sept. 2014 with @Kevin Hill (an investor friendly real estate agent in N...
Eli Kallison
Gut check my quick & dirty rehab cost estimation?
Hi BP,
I am considering buying my first BRRR property with significant rehab costs associated with it. I tried to estimate costs without getting bids (through a combination of local website prices to average costs in...
Mike Rosso
My first buy and hold property
Hello BP! I just closed on my first buy and hold property and wanted to share my success with everyone! I never would have been able to do it without the help of the BP community!I actually considered getting into REI...
Jennifer Lee
what was the CATALYST for first deal? or if new what are you waiting for?
hi BPI had an interesting conversation yesterday.A lady called me from my zillow agent page. She apparently researched me bef calling.She was inquiring on a property that I had recently sold, she was interested in inv...
Jeff P.
Cash out refi options/advice
Looking for a little insight.Here’s my scenario:I have 2 sfh without a loan against them. I have a duplex without a loan against it. I have a duplex with a small loan balance. And I have a sfh Airbnb with a loan on it...
Tommy Brant
Underwriting for 3% insurance increase - is this a joke?
Hi BP family - hope you're well!Wanted to pose this as a question while also ranting a little bit.Curious to know if I'm the only one feeling strongly about this?Some Background:I'm very entrenched with multifamily sy...