Cody Evans
Flipper Agreed To Work With Newbie
Hi All!A flipper has decided to walk me through two of his new homes he just acquired through the end of the flip as a learning experience. This is really cool. He wants me to estimate rehab costs and then he will com...
Ryan Howell
Duplex or "In Law Suite"
I have an interesting situation. I own 3 duplexes. All of which I have been doing the BRRRR strategy. 2 are now refinanced and I'm about to start on #3.The first 2 duplexes all have 2/1 units. #3 had a 3/2 and a 2...
Charles H.
Swimming pool in small multifamily building
Hello,I am looking at a deal that has a swimming pool. Regular size. Not crazy big. 26 units. US Southeast.- What are your thoughts about having a swimming pool in small multifamily buildings?- What are the cost to ma...
Andy Huber
NOI & CAP Rate Expectations - Avondale 3 Flat
Hi All - New to the forum/site, many thanks in advance for any feedback.I'm targeting 3-Flats in and around the Avondale area, and am looking for perspective on the following...1. What I should expect for a CAP rate? ...
Andrew Michaud
Do these income/expense numbers work for this 3 unit multifamily?
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...
Desalina G.
How far off am I?
Looking to price out a remodel of a 1300 sq foot 3 bed 1 bath. replace flooring throughout with engineered hardwood, re-do bath and kitchen. Below is what I'm putting together in research on materials and after get...
Ayo Isijola
Newbie Repair Question
Hi BP, What would you call a minor repairs and a major repairs? Thank you, Ayo
Gal Alberman
4 family in Irvington NJ
Hi all, would like to hear your opinion on this deal:- Irvington NJ, at the southeast part- 4 family, didn't see the place yet, owner says it's in "ok" condition meaning no fixing required yet. all units are month to ...
Jean Lotus
As Lumber Prices Surge, Hemp Blocks Get a Closer Look
The cost of U.S. construction timber is skyrocketing, and a national concern is growing for the carbon emitted by the construction industry. As homebuilders look for solutions, the nation’s small-but-growing number o...
Sean Gimpert
Section 8 Chicago suburbs
I recently closed on a 3 bed 1 bath ranch home in Romeoville, this is my second investment property in Romeoville. I want to use this house as my dive into section 8.According to HUD, a 3 bed 1 bath in Romeoville can ...