Purchase Price - $85,000Rehab cost - $60,000 (5 month duration)List Price - $225,000Sale Price - $223,000 (received offer within 8 days of listing)Sales price less closing and commissions - $200,000Profit - $55,000 sp...
Hi,I am a first time buyer looking to start using the Brrrr strategy. I plan on buying my principal residence, doing some upgrades while living in the property and then putting a tenant in.I am looking to purchase a ...
So i have been working of this deal for a little while. I have talked to the seller a few times. He has a 12 unit apt. bldg. that rents for 425 a month. Each apt. is 1 bed 1 bath, and is almost always 100% occupanc...
Hello all, This is my 1st post. I have been lurking around for months reading all of the excellent information on the site. Its really fantastic a community like this exist. I am 36 and was fortunate enough to buy a B...
I thought this was an interesting graphic from this article: https://www.propertyshark.com/Real-Estate-Reports/2018/05/22/for-200k-would-you-rather-buy-a-box-in-manhattan-or-a-mansion-in-san-antonio/https://infogram.c...
Interesting situation that I am analyzing and could use some ad(vice), questions, discussions to help me flush out the nuances of the two options. My wife and I purchased a house 4 bed/ 1 bath (built in 1937 @ 1500...
It has been a long year of searching, making mistakes, learning, and more learning. But we are closing on our first 12-unit building on December 12th. Rents are between $80-100 below market so we should be able to for...
Hi everyone, I have a friend buying a SFR in Gardena, CA (not for investment), includes:First unit: 3 beds, 1 bath, 1 living roomBack unit: 1 bed, 1 bath, 1 living roomAfter inspection, she asked the seller to replace...
Hello BP,
I'm currently looking for the most effective house hacking strategies for my first home in the Seattle area.
Here are some key aspects of my situation:
I commute to downtown Bellevue 2 times a week. I ...
Experienced VR owners - I'd love to hear your tips/tricks for furnishing a property in a manner that is cost effective while still appealing to your target guests.We spent way too much (IMO) on furnishing our first VR...