Hi BP fam, Currently, I am working in all Class C properties (duplex/tri/quad, and soon to be 24 unit MF property, also Class C). I hear horror stories online about people talking down Class C and saying that cap rate...
We purchased a rural, small multi-family (12 units) in July of 2017. We added 3 units (to 15) and made some minor changes. These have increased our value by 75% through forced appreciation and buying it right. Along w...
Hey guys, new investor here. I know that every GC, house, and rehab will be different, but can anyone share what GCs are charging for full renos (on average)? An example would be a 1000sq ft. house, 3/1 or 3/2, needin...
It looks like my wife and I will be leaving our house in Columbia for a job opportunity for her in Greenville, SC (1.5 hrs away) in two months. What kind of steps would yall take to maximize financial possibilities (...
I currently reside in Atlanta, Ga and I’m looking to invest in a rental property. I’m just not exactly sure which market is doing better or on the rise in my area. Should I look for single family or multifamily (duple...
Hello,
I am 35, live in Chicago and work in the Loop for a demanding finance company. I never owned any real estate and have been renting a high rise one bedroom for $1,800 in River North with my girlfriend for the p...
Investment Info:
Condo buy & hold investment.
Purchase price: $192,500
Cash invested: $25,000
This "condex" is a shared side-by-side duplex in the north end of Manchester. Each unit has 2 bedroo...
What metric do you prefer when first analyzing a property? 1%, cap rate, cash on cash, etc. What do you think is the most useful? I'm looking at 2 fam in Tampa as my first investment in my new area.. probably will hol...
Hello BP members, how can you spread yourself too thin? If the property covers mortgage payments, repairs, vacancy, cap x, management fees and has positive cash flow how would a down market affect you if the values go...
I am considering putting in an offer to purchase 4 duplexes with seller financing. I have a relationship with the sellers already as I have recently purchased other duplexes from their portfolio. Great school distric...