George Ozoude
MFH: apartments vs collection of SFH
I’m curious to know what pros and cons, pearls and pitfalls exist for 10-15 unit MFH deals that involve a collection of individual houses from one development... as opposed to the apartment building type of MFH. Thank...
Janelle Hicks
When is a building a lost cause? Rehab cost too high?
At what point is a property too far gone to rehab? I found an 9 Plex, fixed up it could be worth about 400k based on income valuation. But it needs EVERYTHING. Place is a dumpy/disgusting, been vandalized, no floors, ...
Darnell Pierce
How much should I save before purchasing my first rental?
Hello all, I’m an aspiring real estate investor in the DMV area looking to purchase my first rental. I’ll be using my VA loan to finance this property. I spoke to a lender and was pre-approved for 300k which I plan to...
Alex Smith
Buffalo NY Duplex Multifamily Rehab Estimates
Hi folks. I'm just trying to get a supremely Ball Park rehab figure for the City of Buffalo for a Rehabbed Duplex.
It's actually in really good shape, so no real demo. Needs new roof, 3 piers replaced for the Add...
Mark Pierce
Building on stilts
Does anyone have experience building on stilts? There's a bit of land near my parents vacation house that hasn't been touched in years, i.e. roof falling in. Clearly in would need to be leveled and the local code requ...
Justin Case
Help Estimating Rehab Costs?
Hi all,Investing newbie here. I'm hoping to use the BRRRR method on run-down small multi-family properties in Connecticut. I found a duplex on the MLS that's in bad shape and am trying to estimate the rehab costs (p...
Tyler Speelman
Heat pump on the ground to heat/cool third floor, dumb idea?
Hello,
I have a 3rd story occupied unit that needs a heat pump replaced. Current heat pump unbeknownst to me is leaning against a chimney and supported by 2x4s and on a peaked roof. HVAC contractor went to replace ...
Michael Donatucci
Previously undetected issues on cash only deal
Hi ll,I am closing on a cash only deal in a couple of weeks in a very hot market in Philadelphia. The property closed showings after 72 hours, and called for best and final within the next 24 hours. Knowing this I bro...
Jessica Long
Is this normal - huge repairs
Hello all!We are small time landlords in the DMV area. We decided to turn our home into a rental because we pay very little on it and it seemed like a good investment to keep. We renovated it -mostly cosmetic but also...
Oscar Navarro
Tarek and Christina Seminar
Hello fellow BP members, I am pretty new to this site, I stumbled on to the site after googling reviews for Tarek and Christina seminar in Fort Myers, Lehigh acres area. Its been a couple of weeks now since i attende...