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Hello BP fam! I posted a similar post in the “Starting out” thread regarding my analysis for building a home on a 1 acre, 2 lot property near Tacoma, Washington. Just a bit of background. I know nothing about new b...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $65,000
Sale price: $275,000
1000 square-foot house did a lipstick remodel rented it for...
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This is directed at people in the Memphis, TN, area. I am considering buying two or three lots inside Memphis that are about 0.17 acre. I looked up the lot minimums for Shelby County, and these seem to be 15,000 squ...
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There's a property I've had my eye on in my neighborhood in Southern California that's been on the market for a little while. It hasn't sold in at least the two months I've been watching it. I'm in a pretty competitiv...
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Potential rental property. It is a new build townhome in Houston ~1700 square feet. The location (schools, restaurants, crime, etc) is decent but nothing too promising in terms of appreciation (3% annual average) Here...
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Hello all,I had some questions about building a four plex rental property. My goal is to build one and live in one unit for at least a couple years. The reason I want to build new is because I know how to do the roof,...
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I am looking at a wholesale deal to scrape a lot and put a new build on. I was curious to hear how much it's costing other investors to have the lot scraped and a how much a new build costs roughly as a $/sq. ft.?
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I am having the hardest time deciding how to determine this number. I have read many different options but all seem to have their pitfalls.
The first one was simply taking your NOI/Cap rate. However, I'm not payin...
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We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...
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I have my first rehabb under contract for $62,000 it's a 3br/2ba 1531 living area. I have a local bank that will finance 90% of the deal. There are housing in the area selling for $90 per square foot. My banker had th...