My name is Jimmy. I am a 4th generation custom house painter that painted in the family biz in new construction for 10 years before running my own residential painting business for 12 years. At the same time I learned...
I'm looking to buy my first property.
Would you recommend:
A. Buy 4 properties at around 125k each?
B. Buy 2 properties at around 250k each?
C. Buy 1 property at around 500k?
Assume overall roi and cash flow fo...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $2,000
Cash invested: $60,000
Sale price: $91,000
Bought this one from WCLB with the intention to fix it and se...
Good afternoon. Can someone suggest the best way to proceed under the following scenario? I'd like to make this deal happens if possible. I want to buy a house with an ARV of $240k. The property needs $32k in repa...
I am looking at a 20 door complex and it seems like a good deal but I am not sure if I am doing the math correctly. My question is how does a lender value commercial properties. Here are some of the details. Please re...
A few weeks ago, I shook hands with a motivated seller-slumlord and visited a D-class property. He was actually in the middle of moving in a new tenant (with no teeth and probably no credit score). I tallied up: a gut...
Rent in Brooklyn What’s best — a condo or a multi family home?Brooklyn areas ?Bronx areas ?Is Staten Island worth it? Saint George ?I have heard that multifamily not great right now since many New Yorkers are renting ...
Hey BP,As all of us in New England, Boston, Massuchusetts last winter was really cold and snowy.My tenants in my;-NON insulated- built in 1912 --1300sqft per unit w high ceilings -2 familywere very cold and burned thr...
Hello BP family!I am attempting to purchase a commercial property with a shutdown fast food restaurant on it and would like to get everyone's input on the best way to evaluate this property.I appreciate any feedback! ...
Hey BP, I help a lot of new investors and Househackers get their first property and I see people running into similar mistakes. So I wanted to create this post to help those looking to make their first investment! 1. ...