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Hi all,I just bought 3-unit a property in Colorado and owner-occupy one unit. I plan to add another 1-4 unit property this year. I can do basic remodeling, but not big stuff. None of my properties have needed major ov...
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Here's the question to pose to all you BP folks. How do you feel about mixed properties?A mixed property being a mix of a commercial and residential use in one property. Hence the mixed term. Most often you'll find...
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In an article by Brad Beckett: Director of Education & Outreach, National Real Estate Investors Association, The CFPB wants to prevent Foreclosure until the end of the year. A new rule proposed by the Consumer Fin...
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Looking for some insight on bracketing when it comes to appraisals. I have just heard this recently and I am curious if this is accurate....when it comes to establishing the overall value of a property, the appraiser ...
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Hey BP Fam!Got a quick question. I have been approved for $100k Conventional Loan. I live in Cincinnati, OH and have not had much luck finding SFR's or Multifamilies within my budget that were not a complete overhau...
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For the last 4-5 months, Ive been searching for a duplex. The range in the towns Ive been looking at generally list from $115,000 to $140,000 for two 3 bedroom units. The median rent is $900. for the area and I'm look...
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Hello,I am new to BP and investing in Real Estate as a whole.I was told that creating a Holding Company and having a Operating company under that as another LLC is the way to go when I start to purchase property.What ...
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I purchased a home from the city for 3k last year (nooby mistake as it was the only house on the list I didn't go look at personally) but I figured the land was worth that! house was condemned and needs a complete ove...
I run a mix use building with residential on upper floors, retail stores on 2nd and offices on 3rd and 4th. Currently the building is open to the public on weekdays and Locked at night and on weekends. I am planning t...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $326,000
Cash invested: $98,000
Sale price: $605,000
This is a duplex in the Little Haiti area of Miami....