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My husband and I are considering purchasing and rehabbing an old Catholic convent into several apartments. The Catholic Diocese is giving a good price but selling the 100+-year-old three-floor property as-is. We had...
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Pre-Approved for FHA, considering creating an LLC to protect mysef against potential future lawsuits with tenants. Is it worth it?
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Hi everyone!I've done a lot of research and practiced valuating properties and analyzing deals for about two years. I've read "The Book On Rental Property Investing" and have a pretty solid foundation of real estate i...
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Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...
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Hello,
Hope you are all doing well. I was wondering if the BP community here could help us with my ADU queries. Greatly appreciate your time and perspective in advance.
We are planning to build a 2 Bed/2 Bath 750-1...
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Hi everyone,Were playing with the idea of renting out some camping areas on a wooded piece of land. There would be room for about 10 tent sites that would allow use without seeing anyone else. These would be very prim...
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Hello all.I am a newbie and step one for me is saving for a down payment and practice analyzing deals. However, I think my expectations are out of whack and need input on how I should refocus. My initial strategy was...
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As a newbie I've saved up 40 to 50 grand and now I have a choice to make. Do I start with a single family house or be patient, save more and go for the ultimate goal which is multifamily? With the market this hot I ca...
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Hey BP, quick question about coming up with ARVs. While I am looking at some potential houses that would be a good flip or BRRR house, I'm having trouble coming up with a good ARV for them. The houses I'm looking at a...
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I’ve not done any rehabs. How can I view a property and have any idea what a rehab might cost? Are there any reading materials that can give me some pointers? Or, do I just need to learn from someone else? I realiz...