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It is imperative in fix and flip that you get the budget down when taking on a project. Having the correct budget gives you a clear picture, helps you manage risk and understand the profitability of the deal. But you ...
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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 ...
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I'm working on my first flip and wanted to document the process from start to finish. I'm hoping that sharing my experience will provide new flippers with my perspective on the project and that I can benefit by hearin...
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Hi all,Either I’m doing something wrong or this property doesn’t cash flow very well. To be clear, the deal isn’t done quite yet. This would be my first ever home (duplex) purchase. I’ll be living in one unit and rent...
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Back in October my partner @Keenan Cromshaw and I closed on our first flip property in Spanaway, WA. We purchased this 1978 manufactured home (2/2, 1,389 SF) for $200,000, planned a rehab budget of $80,000 with an ARV...
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I have a 6 unit multi-family in Newark NJ and now looking at long term goals. Some of the units are in real need of updates. So figure as a tenant leaves will then update apartments Trying to assess costs of renova...
Hi first time posting here. New to real estate investing but I’ve been learning for about a year now and have an LLC formed. I’m curious if anyone has any advice on my specific situation as I feel it’s very niche. M...
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Hey BP Family,
I was hoping to gain some review of this deal in a class C neighborhood. I know the 1bd is a drawback.4 Unit in West AllisAsking - $335kNOI - $19,666 Cap rate - 5.8%
All 1bd/1ba
Rents$625- $625 - $6...
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Hi,Like the title, I'm looking to get into the Phoenix area, specifically class A/B neighborhoods. Any tips on which area I should start looking at?Thanks!
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Hello! I am searching to find a strategy to start my investing plan. Only problem is I want to get MY finances in better shape first. That way I can plan better for the future. I was wondering if anyone has great book...