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Hello BP,Long story short I have my first flip under contract. It's in a flood zone. I'm buying it cash, and I'm probably going to use a personal loan to fund the repairs. Anyway I would greatly appreciate it if you c...
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K Got a couple prospects here, let me know what you think.
Option 1:
Duplex side by side
$115,000
Rents $700, $600
Market: $141,000
Taxes: $2579
Info: New windows and doors. Seperate furnaces and air so tenants cover...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
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This list could probably be fifty bullet points long and still not enough, but here are some tips, honest mistakes and things I wish someone had told me, or they told me and I didn't hear what they were saying. These ...
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We have our first project that will be closing in a couple of weeks. We learned the hard way that finding good contractors can be a challenge. No offense to the contractors out there! We are finding that many of the c...
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Hello,
I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...
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I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
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The topic of “I can’t get the numbers to work” seems to be an almost daily discussion on here. Some will argue if you manage better, then the sky is the limit. Management absolutely matters, but you would be delusiona...
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I purchased a multi-unit for 400k at 20% down on a commercial loan. Appraisal comes back at 500k. I'm a buy and hold investor and I think there is still room to renovate and appraise it even higher. What should I do? ...