Seth Hudson
8plex for sale at 150k but appraised at 88k
I am looking at an 8 plex as my first rental property. it was built in 1987 and comes with renters whom have been there anywhere from 2-6 years. It cash flows 100 each unit coming out to 800/ month. The seller has off...
Tyler D.
Analyze this fourplex deal
I am looking to buy my first fourplex, out of state. I found one that appears to be a deal. Below, I'm going to break down the characteristics.1) It is in a smaller town, about 80,000 people, in a landlord-friendly st...
Bruce L.
Flip without Improvements - Las Vegas
Hey guys,
So, I'm currently under contract for a SFR here in the Las Vegas area. It's a 1200sqft single family home, 3bed, 2 bath, build in 1985 in a pretty nice area. The sellers was tried of being a landlord and ...
Ben Leybovich
Appliances for 98 Units
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
Gregory Butterfield
Estimating Rehab Costs - What am I doing wrong?
Hey there BP, you guys are looking handsome as always! I am a hopeful real estate investor, attempting to use the BRRRR method, and I am having trouble calculating rehab costs. For example, while analyzing a proper...
Pedro Bartolomei
Any opinions on cabinet refacing for kitchen rehabs?
What is everyones opinionon cabinet refacing on house flips? My partners and i have a difference of opinion on this matter . My view is if the back boxes are in good shape its quicker and cost effective to just cabine...
Morgan M.
First Time Home Buyer
Hey BP, i'm looking to buy my first property and looking for some honest advice. The property is a 4 bed 2 bath South Austin. It is a pretty new build in amazing shape- I have the luxury of renting out to friends and ...
Matthew Masoud
How Much Are You Spending Furnishing Your Mid-Term Rental?
I'm trying to furnish these apartments for a low price but keep them looking good. After 26 furnishings I think I got my furnishing costs zoned in. I was wondering how it compares to you guys.All prices include labor....
Kevin Shaper
Questions abut the magic formula
I need a little help understanding a few things:
I see the following posted all over the web verbatim:
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A Typical Deal By The Numbers
This is how I and many "real" Reh...
David Smith
Why Bridgeport multifamily is so low priced?
Any reasons? crimes, no jobs, no colleges? Any rent control from government or all free market?I am comparing this to NJ prices. I see many 4 family sell for about $300K. Any experienced agents who can show prop...