Hello all,I'm not a very active member here, which I intend on changing this year. I shared last year about my plan to sell 3 of my houses and exchange them into multi families. I have been looking to get into the apa...
Hi everyone, I would like to ask your opinion about constructing multifamily buildings. I have been presented with an opportunity in a town where builders are buying lots or properties and demolishing them and putting...
Good Morning,I live in New York, I am looking to move out of state. I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me. I would like to maybe buy lan...
LOT= $45k HOME BUILD= $150kIf I decided to sell once the home was completed what would be an average profit to make on something like this. This is just a generic situation I put together but I’m unsure of ...
Hi all, I will like to underwrite a potential multifamily deal in a secondary market and would like to factor in the cost of building for a similar unit to understand if I am overpaying or underpaying. I know there ar...
Interested in different opinions on building vs buying in the current RE market?
I am looking at either purchasing an existing “value add” duplex vs finding a correctly zoned vacant lot to build on. In both circumst...
I'm looking at purchasing an 1100 sq ft house on 1 acre of land in a city currently being revitalized. The current zoning would allow me to build an additional home on this property.
I plan to rent both homes, the c...
Hi everyone,I came across a potential good deal but it is a condo. My main concern is that there is only one reliable comp within the building. I don't feel very great about making my estimates based on a single comp...
Hello BP Community! I am considering acquiring a 3/2 SFH in the Midwest to BRRRR and hold long term. The only issue is that it was built in the 1940s. I am interested in hearing your experience/opinion with homes this...
I am under contract for my first multifamily deal, a 20-unit property in Charleston MSA. I am doing some forecasting and wanted to get some thoughts on what people budget annually per unit for repairs (including unit ...