Jonathan Sowinski
Fixer-Uppers...how nice to make them?
I am in the process of closing on an 8 unit building in a great neighborhood. The property has been poorly managed in the past and we feel that there is a lot of potential to tap into there.
Our goal is to renovate o...
Steve R.
would you invest with cap rate 8.22?
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
James Allen
Am I paying too much for this rehab?
Hey BP community,I'm currently in the planning stages of rehabbing one of my units. I've never undergone a complete rehab before so I wanted to get some input from those of you with experience. To paint an accurate pi...
Brian Tsang
Condo and rental property vs. multifamily property
Hi All,
I am a new investor and have some money saved up that I like to deploy in real estate. I am currently renting and some friends suggest me to start off buying a multifamily property because 1) you get to use t...
Jason Merchey
Flooring Choices
I have a rental in the not-so-great part of North Charleston, SC. It has had VCT on the floor for about 8 years, and it's fairly light colored. It hasn't been sealed and polished well. I think it's toast. A tenant is...
Mindy Jensen
What is causing my siding to melt?
We are considering a new house to live-in flip. The brand new siding (installed June/July 2019) is melting above the front door. Located in Colorado, and it's been hot the last few weeks.
There is no window next to t...
Jamie Wooley
FACEBOOK!!! Social Media...Business name or personal?
Hey BP,I am taking steps to really start my marketing. One of the ways is through social media. The question I have is should I have my Facebook, twitter, Instagram and pintrest in my personal name or my business na...
Isaac Schlittenhart
Short Plat with Duplexes
Hey guys,Been a long time follower and lurker here at BiggerPockets and I am finally pulling the trigger on my first deal. In my area, Spokane WA, the market is very tight and difficult to get a property that pencils ...
Robert Johnson
General noobie real estate question
Hey everyone, I'm brand new to real estate and have a fairly simple question: I heard from someone that it might be possible to purchase a single-family unit for $100k in cash (even if it's $80k + $20k in renovations)...
Prasad J.
Building Multifamily in Tacoma,Washington
Is buying land and building multifamily ( duplexes, 4 plexes) in South Tacoma(Washington) area worth it. The basic construction costs in the area are around 85$/sq ft , on top of it there is the permits, cost to brin...