Michelle Joiner
SHORT SALE ~ DEAL or NO DEAL?
Not Sure? Received a call about a Triplex for sale initially @ $195K per another quote un-quote wholesaler, by the way his wife is a real estate agent. Supposely, the owner gave the property back to the bank. As I di...
Katlynn Teague
Rehabbing a house in a historic district
Good morning Bp!
I hope everyone had a great weekend!
Has anyone in here ever rehabbed a house in a historic district?
Here's the situation:
We recently picked up a property in historic Inman Park, Atlanta. Thi...
Edita D.
rental property improvement: depreciation over how many years?
Hey guys!
Imagine a scenario: a 4-plex was purchased in 2011 and the owner leased out 3 units and lived in one of the units himself. Before moving in, he did some improvements since the unit was in dilapidating condit...
Robert Szewczyk
MF Contractors
Are there any multi-family experienced contractors (50 units and up) in general Phoenix, AZ area? unit rehabs, property improvements, etc.Would like to meet and see what you have been working on. Thank you
Bill Couture
Four-family traditional purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $167,000
Four-family purchased with a 25% down payment. 30 year fixed-rate residential mortgage. I was able to r...
Susan O.
Cash on cash return on a seller financed property Houston
This is in a 5 cap neighborhood in Houston surrounded by SFRs very nice neighborhood....It's a $1.1m priced 8 units great area B+ neighborhood and C- property needing $100k in repairs$120,000 GSI rental income-55,000...
James Mcsweeney
Do you improve rental properties?
Is it common or recommended to make improvements on a rental property while it’s rented?I was thinking about adding a garage, while I know it has an ROI from the increased value of the property - is it wise to do that...
Andrew Boyer-Kern
First property! Room for improvement
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Mankato.
Purchase price: $160,000
Cash invested: $39,000
Two units. First unit is 4 bedrooms 2 bathrooms on the main floo...
Kelly DeWinter
Property Management - Improvements Hourly Rates
Hey BP'rsI was asked to be the Property Manager for a Residential Property.The Landlord has asked me to oversee the repairs for the property on a Time and Material basis in preparation for rental . Afterwards we are ...
David Green
Capital Gains on improved property
I purchased a condo several years ago and pumped quite a bit of money into it to improve the property. I later moved out and rented the place out. It has been rented now for more than 3 years. So I can't qualify for...