Brandon Rauscher
How are investors making it work?
I have been trying to get into multi unit rental properties the last few months. I have gone over deal after deal, running numbers and every deal is loosing money on a monthly basis. Each one of these properties comes...
Danny Day
What do you budget for closing cost?
Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
Eddie W.
How to Value a "papered lot"
Hey everyone, 2 questions:#1. Can someone help me with establishing the listing price of my land? My civil engineer is almost complete with all site drawings needed to submit for utility and jurisdictional approvals. ...
Joey Devlin
Trying to analyze multi family deal/figure out how to finance with no W2
So I am self-employed and currently have no W2 income. I have found a deal that seems very intriguing on a duplex, and I wanted to hear opinions on how others would go about this deal if they were in my situation. The...
Liam Tennies
203k Renovation Too Big For My First Property?
Hey BP, hoping I can get some clarity on this property and get a push in the right direction for my first deal. I have been qualified for a 300k loan. This is a 203k loan where the renovation cost of the property are ...
Grant Pope
Raising Capital with other investors - How to structure?
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...
Samarth Patel
Estimating rehab costs
Hello,I am looking to do a BRRRR deal in Connecticut and looking to see how you guys approach estimating rehab costs on a property. I have come across a few BRRRR deals and have tried estimating the rehab costs myself...
Account Closed
NEED YOUR OPINION - Cost Basis in an Acquisition Transaction
Hello guys,My business partner and I just had our construction project completed by our developer with a condominium building consisting of two units (one unit has access to its own rooftop and another unit does not h...
Alexander Parada
Houston Heights Prop
Hello Everyone I got a property free and clear I bought for 290k all in at 330 After remodels.
Rented out the back apt and the front property I would get a total of $3k a month which is 36k a year - 8k a year in tax...
Charles M.
New Development Questions
I'm looking at new development in my market since I found a good deal on land. Its an extension of an existing neighborhood that fits my target property perfectly both in location and sizing. I've never built a new ho...