Natalie Cloutier
Going on 14 units and counting with the New build Strategy
A lot of people ask us why we build new instead of renovating and I just wanted to share a few reasons with you guys to get your thoughts!1. We have complete control over the budget from day 12. Finished value is alwa...
Kathleen Park
How to Ask Current Tenant Rent Increase
Hello,
I've recently bought a 2B condo near a college in Chicago with the condition of taking over the existing lease contract with the tenants. The tenants are two college students and the lease ends at the end of A...
Antonio Orange
YAY OR NAY TO THIS DEAL
Here is my deal. I would say first I don't think there is enough margin for a flip but this would make a nice rental @ $1,000 a month. The house needs the first level hardwood floors redone and also a full paint j...
James Hodgson
Investing in Renovations/Updates for Higher Rent
Hey All,I work for an apartment remodeling company and am house hacking a duplex of my own. I am trying to better understand the numbers behind apartment remodels. What details and financials do you consider when deci...
Bradley Dosch
The First House Hack
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $366,000
Cash invested: $11,000
This was my first house hack and first time investing in real estate. I lived in th...
Patrick McGeough
Our first try.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $15,000
Small duplex in the middle of the city we live in. Mortgage payment is 400/mo...
Account Closed
Chicken or the Egg ? Whats the Base Starting Point 4 Your Flip
I was at Lowes yesterday picking up a "mop" with my wife and we then wondered over to the flooring section. Wow so many options to choose from. This inevitable led me to thinking about Rehabbing my first house (when t...
Jhansi B.
looking for good deals on material for rehabbing a home
We are remodeling the home, tenant moved out after 12 years. Even to put in the market for sale we need to update the kitchen and baths and floors. I am looking for with all you been there done that rehabbers on where...
Brent B.
Tax Planning for New Landlord
Hi BP,I began renting my previous single family residence in San Diego CA earlier this year, in May 2019, when I bought my new primary residence in San Diego. I have not set up any type of corporate entity, rental pa...
Abdiel Ocampo
Selling old house to buy new
I have property that has about 100k in equity, I was thinking of selling it and buying a newer one with a 100k down payment. The new property wouldn’t cash flow much but neither is the old one I have. This was really...