Purchase Price: $39,000Buying Costs: $1,000Selling Costs: $10,400 (Incl. commission, buyer's closing & warranty)Rehab & Holding Costs: $24,400Sale Price: $101,500Profit: $26,700Holding Time: 112 days cl...
I wanted to share my experience and the valuable lessons I've learned from my venture into out-of-state investing. It has been an incredible journey filled with both challenges and rewarding outcomes. If you're consid...
I have been buying with cash and rehabbing properties. That is obviously a cash intensive strategy, so I looked into hard money. I found what I thought would be a good solution. I used Lending Home. My rep was ver...
Anyone have experience with building duplexes? I'm looking to build 20 units +/- and want to find cost effective plans, experience with costs to build, and any hard lessons learned.I sure would appreciate your insight.
Last year I purchased a 3 family building my first multifamily , 2 2b/r units and 1 1b/r I rented the 2 2 b/r units no problem [after I Rehabbed all three. I had 2 great tenants, for some reason I was unable to rent t...
Good morning BP,I went to my flip project this morning to find one of the front windows shattered. When I went inside the house, I found the brick that they used to break it, and also noticed that the back door was op...
The term "re-proration" does not generate any results when you search it on BP, but I just paid $1500 to learn what it means with respect to property taxes. I purchased a commercial property in late August from a sma...
🏠 (Part 2) Lessons I have learned from owning & managing residential & commercial properties over the last 5 years in the Omaha, Nebraska market:We often start with & focus on the interest rate when shoppi...
Hey everyone! I am writing a regular column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate. I am currently looking for TENANT "mistake" stories, in particular inherited tenants ...
Investment Info:
Townhouse buy & hold investment in Cartersville.
Purchase price: $121,000
Cash invested: $47,875
Family-friendly rental with a ton of space, rental market is strong and has perfo...