Hello - We just purchased an investment property to fix n' flip. We knew we had to repair a section of the sewer line. The contractor re-scoped the line and we now see that a neighbor's sewer is connected to our line ...
Hello,We are in the middle of rehabbing an old 1900’s village home near Rochester NY. The house is a 1.75 story 1350sqft 2 bed 1 bath. We needed to knock down the 1941 kitchen addition after discovering they did not...
Hello Everyone! When conducting analysis on a rental property, what would be the "2% rule" equivalent for multi-unit properties? Would it simply be 2% per unit? This is what I'm assuming however while compiling all my...
The hardest thing for me is deciding how much to do or not to do. In my area, I've seen ok retail properties linger on the market for six months to a year. I've seen ok flips take months to sell. So I try to stand ...
I'm in the process of closing on two duplex's on one lot. I'll be owner-occupying one unit for the first year of the mortgage, and plan to move out and rent all 4 units thereafter. I'm required to have insurance on th...
Hello BP!I bought a beautiful rental with traditional hardwoods throughout. There is carpet in the living, dining, and a hallway but not in the 2 bedrooms where there are hardwood floors. (could be refinished) I do...
I sure that everyone is aware of the dramatic increase in wood and particularly wood studs. Currently wooden studs are twice the price of steel and aluminum studs. Can anyone comment on the pros and cons of each of th...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $20,000
Cash invested: $12,000
My first attempt at managing a complete BRRRR but instead of refinancing into a l...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $102,000
Cash invested: $25,000
Exceptionally large side-by-side duplex with an extra-large third floor/in-l...
Hello! This is my first post on this website but I've read plenty of advice and recommendations that I've found very helpful from the members here. I'm new to real estate investing, we bought our first single family h...