First, I had these 14 duplexes under contract for $450K. After I walked the property, found a lot of deferred maintenance, learned that half of the units are in the least desirable part of town and around $100k in rep...
Hello all! I am new to the Indianapolis area and equally new to Bigger Pockets and Real Estate Investment. I've spent the last 3 months voraciously consuming all things real estate. I'm in Purchasing by 9-5 profession...
I purchased a ;property with two houses. My intent is to occupy one and rent out the other. I wanted to make some quick renovations that I was told would only take a few weeks. It has now been 6 months. The guy that...
Hello BP members!I negotiating for my first multifamily deal. i guess i need some help to analyze the deal. After buying for 4 years only SFR i understand that i can not analyze multifamily deal like i can do for SFR ...
We just finished up our 3rd and 4th B&H rehab in July and September. Info and pics below:#3 - All-in for $142K, ARV of $160 (based on appraisal for refi). Had a tenant in place within 3 weeks of listing at $1,350...
Recently I've been thinking about private money lending. With the uproar of investors buying property most need funding and a lot would rather get money from another investor instead of hard money and similar methods....
Looking to get some nationwide perspective. I'm in the Providence, RI market and feel as though our property taxes are significantly higher than the national average. I'm dealing with larger multi family buildings (...
I live in Houston, TX. I'm currently in the pre-approval process for a loan in order to figure out how much I can afford. I don't expect it to be much (in relation to the average home price in Houston) so i was thinki...
I am currently developing a subdivision of duplexes starting from the raw land stage and right now am in the process of running utilities and streets.
Here is a breakdown of each step in the BRRRR method:
Buy: Find a distressed property that is priced below market value. This could be a property that needs significant repairs or one that has been on the market for ...