Hello! Rookie real estate investor looking for some advice:
I purchased a duplex in Grand Rapids, MI last October (2023). I bought the property at $365k, and its new *estimated* value after renovations is 390k-400k...
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
@Bill Labrecque and I are working on a 2-family flip in Plainville, CT. The property closed in the beginning of February. We have been meaning to post this for a while.Here are some of the key numbersPurchase pric...
I'm so excited about finally being able to investment in real estate. My husband owned a house when we married so my slate is entirely clean and I had issues with my credit, but that has since been cleaned up and my f...
I'm considering the idea of starting up a Mastermind Group in the Chandler Arizona area. Anyone in the Phoenix area interested?
I got a property through Morris Invest a couple years back. It had a few occupied/unoccupied cycles. I also never got proof of rehab done. What I got from them was a few really low quality pictures that showed nothing...
Hello, I am new to the forum, and am interested in focusing on a niche market, renovating older buildings using green building techniques. I'd like to hold on to the properties and rent, but think I might need to sel...
Hello BP friends and family,
For the last week or so I have been working on a deal that was going to the foreclosure auction. I have attempted to heed all of the advice given here and also from others outside th...
One of my tenants called the city on me with building problems. Big issue was the deck was unstable. It has since been replaced. Other issues were water stains, water leaks, Fireplace chimney wasnt tall enough and sh...
I have a property I am considering buying I believe I am going to keep it as a rental due to low operating cash but can still possibly flip. I am looking at a 700 sq ft SFH 2/1 built in 1933. The owners and I have cam...