Alex Capozzolo
First BRRRR! Triplex - Philadelphia, PA (2017)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $133,500
Cash invested: $61,000
Contributors:
Jon Sanborn
Our first BRRRR! A...
Aaron Hill
Just getting started
Almost wrapped up on my first BRRRR....which I started without having ever heard the term. As I dug into the project, I realized that I was both well suited for flipping (or keeping), but also that I was genuinely e...
Bradyn Melser
Any tips for stream-lining buying rentals while living overseas?
I’m a newer investor, closing my first deal while living overseas. So far it’s been a pretty smooth process. Here at the end there was a hiccup needing to get a power of attorney, and then needing me to get the docume...
Bob McIntosh
Discounted Properties
So after tooling around these forums for a while, conducting many searches, and reading a lot of posts I have seen something that has come up often but not yet been addressed (please correct me if I'm wrong).
Everyon...
Chris Payne
Illegal 4plex. Should I pursue?
Hi BP Fam,I came across an interesting REO this week. It's a legally zoned duplex that has been (illegally) divided into 4 units. The property is huge, consisting of a 4/2 house in front + a 6/3 house in back. It's li...
Skyler Southern
How to Value a Vacant/Dilapidated 336 Unit/28 Complex
How would you go about putting a value/offer on a 336 unit apartment complex that is vacant and has been vadilised? Repairs for each unit is approximately $20k per unit including new roofs, windows, and gutters.
Kemi Okafor
Would you rent to tenant with large CC debt
In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K i...
Amy Alexander
First Water Damage Claim - Loss of Rents
Hello everyone! I'm fairly new to multi-family and sadly, I'm experiencing my first water damage insurance claim. I'm working on the loss of rents portion of my claim, and the insurance company is asking for a huge ...
Jennifer T.
Anyone doing Sec 8 rental in Indianapolis?
I'm analyzing some deals and getting very different numbers from different people for Sec 8. I was told that Indy just increased the payment standards for Sec 8 this year. However what they will pay for a specific pro...
Damian Baynes
Development opportunity questions
Hi Everyone,So in thinking about it over the last few months and researching, I would definitely like to invest in an apt building as my next real estate investment. The plan I have is buy an existing building that ne...