Samantha Klein
Duplex tenants way under market
I am interested in purchasing a duplex from an elderly couple who just remodeled the 3 bedroom unit and a new tenant moves in tomorrow at only $500 a month, market rent is $800-850 for the unit. If I bought the proper...
Mark Moyer
Professional photos for rental properties?
as a disclaimer, I worked for many years as a commercial photographer before getting into real estate. I do still photograph listings. I wonder how other rental property owners handle the photography and marketing...
Jennifer MacKenna
Need help assessing repair costs
HI all! I am just starting out and am going out to my first home walk-thru. I need help with figuring out the costs for the repairs needed. I don't want to estimate too high or too low. I have a great checklist to ...
Kirsten Braddock
Looking for advice on our first house flip
My husband and I are looking to purchase our first flip property. Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno...
Jerone Hammond
Short Sale Cash Offer ?
I'm looking at a short sale tomorrow that just came on the market. I spoke w/ the listing agent today and she told me the bank already approved selling at a number. Is this number what the BPO came in at and if I...
Brian Pulaski
House #3 in CT Success
As with my previous two threads, I wanted to post about my latest success, house #3. This house was an off market home. I got wind of it through my attorney. It was in his family and after a death the house was vacant...
Rob Terpilowski
BRRRR turns into GRRRR, having a hard time refi-ing
I purchased 2 distressed duplexes next door to each other in the Seattle Tacoma area, initially with the intent of fixing and flipping them. I already had a BRRRR duplex that I purchased a few months prior and was be...
Brandon Cox
Should I sell my rentals?
I have two rental units side by side in a college town - Georgia Southern. They are 4 bedroom, 4 bath, and they share the common spaces. They met the 1% rule when I bought them and I couldn’t find much at the time tha...
Robin Jones
How do you get out of a flip that’s not selling?
I have a property that has been on the market since November in Spring, TX. Took a hard money loan out on it to cover purchase and repairs. Hard money loan is about to expire. I know what my lessons learned with the p...
Amit Rana
Analysis 3 unit building
Hello,
I bought a 3 unit building 6 months ago before I discovered Biggerpockets. After reading this Forum, I feel I may have made a poor investment and needed some help on analysis and also what to do next. ...