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I have a property located 2 hours away from me that I'm trying to sell. My realtor did find me a buyer, and they are willing to pay a reasonable price, however they don't have the best credit and want to put down $20...
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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...
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I am planning on buying a small multiunit place out of state since prices in my area are too high. I would like to minimize the cost associated with managing the property and am willing to do as much of the work myse...
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Hi! I'm a newbie investor and just spoke with my first lead from a yellow letter campaign.The property is a 3bd/2ba brick house, 2035 sq ft including the attached 2 car garage. It has a 3 acre yard but sits on 24 acre...
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Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
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Attn Rehabbers: In general would the average experienced rehabber deal with an old boarded up, built in 1880, total gut house for $225K (topic says 200K but it's 225K) where the ARV is $710K in Long Island, NY? ne...
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I am stuck at a bit of a stand still and need to mentally push through this issue. Sorry If my question is a little scatter brained.
What is the basic step by step process of a Lease option?
When I get the contract...
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View reportHi everyone. I've found a duplex that looks like solid numbers / a good purchase to me. (Pl. see attached report). Seller's asking 399k, I ran the report at 390k purchase price. I'd be grateful for your...
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Need assistance analyzing whether or not this is a good deal.16 unit multi-family (1br/ba)100% occupancyCurrently renting out each unit for $500 (about $100-$150 below market rents)6.7% cap rateGrade C areaSeller ask...
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We bought a rental a little over a month ago. We're advertising on Postlets and Craigslist (renewing every few days) and so far have only shown the house four times. We've got reserves to cover the mortgage for a long...