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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $33,396
Sale price: $225,000
Contributors:
Peter Vekselman
Partner Driv...
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I am having a hard time for finding insurance for an 11 unit apartment building in California. The area is not high fire risk and in a large downtown. Is a low income area, and building is not in great condition, bu...
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I bought a house in 2021 and value for first appraisal came around the price I bought my house for, but this year appraised value came up way higher and I am planning to dispute it, but I have a few questions regardin...
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It's a difficult time to be an LP, particularly those that invested between 2021 and 2022. You're likely reading the headlines about commercial real estate distress and wondering how your investments are doing. Kudos ...
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Hi All
You know, all these guru's talk about getting the title, flipping, how to get or sell the property. I've been to expensive seminars, affordable seminars, read on line articles, books.
But no one seems to talk...
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Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...
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Hi All BP members, I and my wife have good full-time jobs and have some cash on hand. I figured that REI is the best place to grow the money with tax benefits (mortgage interest, property taxes, depreciation). I have ...
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While I don't purchase turnkey out of my area, much less state, I'm curious about those who do. I'd love to better understand your criteria and strategy. What do you look for in a company, what do you look for in an a...
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I have a 100 year old duplex in east side of Toronto. I believe we will be going through either a flat or most likely a down market that could last upto a decade. Should I:
a) SELL and realize gain, or
b) HOLD and ...
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Need help analyzing my first deal. It's in a c class neighborhood in Warren MI. Price 105,000 rent ready. 3 bed 1 bath, basement and garage. Expected rent 1200. Expected taxes 3200 (unbelievable to me!). It meets 1% b...