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New member to BP here. I wanted to share some fundamental econometric analysis I have been working on, objective valuation for all US metros. Below is the output of the latest valuation rankings relative to median s...
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I've got an offer on a short sale in Portland that has been accepted by the owner (actually it's the bankruptcy trustee) and also approved by the lender. The listing agent said that the sale of the house now has to go...
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Hello!We're in contract to purchase a 20k sf retail center in Phoenix, built in 1976. It has 17 tenants, average 1,000 SF units. LL did major renovations - roof, some electrical, HVAC, store fronts, parking lot. The b...
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I'm part of an small investor group that purchased a property at the Tax Foreclosure sale last month. Normally, it's an owner or tenants of an owner still in the house. This time has been different. The owner passed a...
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I want to put together a booklet for future flips specifying exactly what I want in certain rooms, to really systematize things for contractors/installers. However, I tend to hesitate to call my own selections or prov...
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Hello BP CommunityI came across a nice 8 fam property in Brooklyn for sale for about 2 million. I know i can find a buyer for this property but i don't feel comfortable wholesaling properties over 1 million dollars. S...
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Few weeks ago I closed on a townhome worth 524,000. My interest rate is 7.1% so my mortgage is $1000 more than what this property can rent for right now now. My plan was to buy this and live in it for a bit, but then ...
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New to BP. New to housing investing. Know little. I’ve been wanting to get involved with building 2 or 3 duplex’s or a 4-plex for 5 years now. I’ve been angry with a bank. Tired of them holding my money and I get...
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Hey BP,Disclosure: Total newb, improperly vetted deal. I am currently under contract on a bank foreclosure. The last one fell through due to title issues and so I was able to walk and get my earnest money back. I u...
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Hey all,I am an early stage investor (9 mos in the game) in Austin and Bryan/College Station. Currently owning 2 properties with 6 units (1 duplex, 1 quad).I am curious to know what types of annual maintenance I need ...