I moved up to Alaska two years ago to start my own construction company and help my friend build his building. I got my friend's building complete on time and on budget about a year ago, and then completed a couple t...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,300,000
Cash invested: $500,000
Sale price: $1,300,000
Bought right after the 2017 fires in NoCal with the i...
Hello BP! So I've been using the rental property calculator on the site to double check potential deals but I found that on the go without internet access it has been much easier to develop a spreadsheet to quickly cr...
Hey BP! So I have a question I’ve been talking with my wife about and trying to find the best way of doing this. So let’s say I bought a 4 plex that’s still tenant occupied, some still having a long time left on their...
Here are some top tips for rehabbing a house:
Set a budget: Before you begin the rehab, set a clear budget and stick to it as closely as possible. This will help you avoid overspending and keep your costs under contr...
Team,
As i reach my first term of turnover for my house hacked property, I am running into a few hurdles that are helping me grow, but also sharpen/adjust my processes. One issue I am running into is that I do not al...
Hi:I am have some money to invest and do not want to go in the stock market. My 25 year old daughter wants to buy a duplex and live in one side and rent the other but she does not have the income to handle this on her...
We had our offer accepted on a upper/lower duplex in a mostly single family area, so no real comps to go by. The house itself is solid, nice woodwork, 3 bed, 1 bath each. Upper rents for $800. Was asking $155,900, too...
[Context - duplex in jefferson/westpark area. rent - $1400 total (700 each). I would classify as B-/C+ neighborhood. Lower unit is occupied so I would only be renting upstairs]Got inspections finished over the weekend...
What should I consider when using a hard money loan (HML) to purchase a property below market value, using the HML to finance 100% of the rehab, and finally refinancing into a 30 year mortgage afterwards. I want to ma...