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I currently have two renal properties a multi family and a single family and am interested in expanding to something larger. I’m wondering how much liquid capital is needed to purchase an apartment building. I would b...
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Bathroom Remodel What should a 5 x 8 bathroom remodel cost? Trying to get a idea if I paid to much or should look for other deals. New subfloor as old was rottenNew drywall is some spots New Vanity and sink New Floo...
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I am meeting with an owner of 6 properties they out right own 100% on Thursday afternoon this week. This will be my first meeting with anyone to discuss owner financing. The asking price of each property is under mar...
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Hi, so I have a friend that is looking to buy a commercial real estate property for a beauty saloon. She has the capital to pay all in cash but she asked me for advices on what she should do. Being relatively new to R...
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Hello BP,
I'm looking for some clarity regarding my numbers on a rental I have:
House was purchased for 30k
Monthly gross rent from section 8 is $750
Mortgage is $365
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So after 2 months of looking my next investment property (rental) with no luck I have come across a house I would love. A duplex! But it's an Auction. This is my first time highly considering buying a house at Auctio...
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I have purchased a single family home: 1550 sq feet, 3 bedroom, 2 bath that I initially bought for a rental. However, due to home prices in my area I'm wondering if this should be a flip instead.Here are the numbers:p...
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What do you consider a good net profit or " home run" ? I'm thinking of selling. I know that there are many variables such as ROI, COC, time/duration, percentage, CAP Rate, etc. Looking for a number dollar figure. I w...
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Hello BP, I've tried this post on another forum; no response, maybe I was in the wrong forum: My dad & I are considering entering a joint venture with a good friend of mine who is an GC. We would like to flip to...
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I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...