As we approach the close of our second year in operation I wanted to provide some updates on our property. We purchased our STR in October 2021 and completed a rehab to place it in service by January 2022. In 2022, we...
Dear BP,I am looking to purchase my first home via FHA, its a quadplex that will cashflow $600 month after all expenses and 5% Capex, 5% repair, 10% Property management, and 5% vacancy.The home is in a C class neighbo...
Hi! First post ever! I am a new RE investor; I would appreciate your help.
I have had a Capital One secure credit card for many years now with a limit of $500 (I have try to convert it to a normal Credit Card but cap...
Anyone familiar w/ steel buildings in a residential homes use? Pro, cons, thoughts???
Hello, I have been approached by an individual who is looking to sell his two properties (4 Unit 2BR, 1 BA and 2 Unit 2BR, 1BA). He is looking to do a cash sale of these properties and doesn't want to split them up, t...
Hi All,Hope everyone is well! I could use a few referrals to some investor friendly agents down in Montesano Wa.I dont know that area well enough to accurately determine comps down there but picked up a lead from one ...
Hello BP Community! We have a potential deal in the works that has a business on the first floor and apartment upstairs. Plan is to add two additional units to the bottom floor and remodel the upstairs unit. The on...
Tenant has mentioned it twice now, “after initial inspection [no mold test was done then]” – suspicion of mold.I do not doubt it, because I have seen a few cracks and need for regrading.We do not close on home until J...
Where you looking to buy next in Ontario and why? Is Appreciation or cash flow (or both) your strategy? Looking for where to get highest return on my money.
I'll keep it short. I see a possible opportunity to build some equity, but this is my first rehab. This property is a rental, so there's no pressure.
I bought my property for 55k. 1100 square feet. 3 bd 1 ba. Built ...