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12-plex in Tucson, Arizona. Purchased August 2020.Purchase Price: 680kRepairs: Around 50kRaised rents from $500 to $725Today the appraisal came in at 1.2 million.Today was a good day.
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What’s up BP! My team is finishing a project in Tucson for another out of state investor. Leave a comment with your questions or thoughts. I am passionate about helping others learn how to build wealth through rea...
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Are there any formulas, rules, etc I can use to understand after repair value? E.g. if I spend 20k on improvements what will that do to my ARV? I image if I put 20k into a 500k property it wouldn't have as much impact...
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Hi, we are very interested in small 2-4 units multi-family homes in the CA SF Bay Area. If the seller agent has received multiple offers, how we can write an offer (offer amount, contingencies, terms, ... ) to increas...
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Hello BP Family. I joined BP a couple of months ago after becoming interested in REI. I currently work as an Accounts Manager for a Transportation company and I have a daughter, who is very active in sports, which kee...
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I am currently under contract to purchase a tenant-occupied rental property. The current tenant has been in the property for more than 10 years, has never had a single late payment, and keeps the property in exception...
Hello BP!
My name is Jon Khalil, and I am a 21 year old aspiring real estate investor based in the Orange County area.
I am new to the community here and am looking to create meaningful, and long lasting relationship...
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I have had a Section 8 tenant for the last 14 years in Brooklyn. The rent is very low because of the rent restriction for yearly renewals. (3 bedroom - $1965.00). Tenant is now leaving. Question. With the new Sect...
I have a commercial property with 15 years left on the active lease. My question is, does that 15 year lease raise the value of my property at all? Meaning, the building has it's own value, but will the lease with t...
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G’dayHow do you track your expenses and find a balance between being a spendthrift and being too conservative? What does that middle ground look like for you? Many ThanksAhmed Aboelela