So, I found a five unit property that is listed at 250k but looks like it needs some cosmetic work done to it. I just got back from the open house and I saw that the owner was kinda neglective. The units weren't kept ...
Here are my numbers on a 1350sf 3/2 I found:purchase price: $60,000Rehab budget: $60kHolding & hard loan costs: $14,000Sale closing & Realtor fees: $11,000ARV: $199,900Possible profit: $54,900I am assuming the...
Hi all,We're looking into buying a house at the following address (43 New St, Wayne, NJ 07470).Since we have 2 small children, one going to Elementary school in 2 years and another in 5, I am very curious to know if s...
I have been driving all around my city this past week looking for properties. I found 9 properties that are vacant and need work. I have a list with the address, various problems I saw with the properties, and picture...
Hi Guys,I recently started with real estate investing and started browsing through properties around the north Dallas area and saw one just north of $110,000 and potential rent would be about $1300/month. The house se...
I have a duplex in North Austin that I am house hacking and listing the other side on Airbnb. I found the 'sweet spot' for what I can charge in terms of rent. I have been getting $2,650-$2,750/month recently for my 2/...
Hi BP Fam,So after weeks of listening, reading, researching, and scavenging through the interweb for a good fit on a Mobile Home Park deal, I think I have finally found one. Background: I am a (former Navy) physician ...
Hello, I'm looking into buying my first investment property (I'm in Los Angeles), and I found an amazing triplex, which is way under market. I found out that is has a lien on it, because the owner built an additional ...
I found an off market deal that needs repairs however is in a 3 acre lot, 3 rooms and 2-1/2 baths. There's no loan on the property person is planning to put it in the market because he doesn't know the value. I'm thin...
What are some reasons I should or shouldn't select a house in a market that isn't primarily an str market? The property I'm looking at is a few blocks from the beach in between two commercially active towns but this a...