Hey guys, I'm thinking to cut a deal on 2 duplex next to each other . Willing to listen to see whether the deal is a deal.
Here are the details:
Duplex #1 Asking Price: $250,000
Units: 2 bed / 2...
This was a 4-unit building neglected by the previous owner, with deferred maintenance and extended vacancy. C+ asset when purchased in a prime B+ location within walking distance to burgeoning “Main St” strip of nume...
On a home loan where can I go to learn about the underwriting requirements for the homes condition. So when I look at a house that needs rehabbing I know which loan companies will loan against it and which ones wil...
This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. Maintenance costs are a huge factor in the profitability, or not of any investment property. A little backgr...
hey guys so I'm thinking about putting in an offer on a duplex in my area but am a little stumped on how much to figure in for capital expenditures. I'm using a 10% of rent number for vacancies and a 5% of rent for ma...
Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
I have gotten a lot of positive feedback from my first BRRRR and I am going to document my next project.BRRRR-2 is in Murray Hill. It is a nicer neighborhood than the first. This is a solid B neighborhood and is tre...
I purchased a nice older home that is located on the same street as one of my current rental homes.
My original intentions were to flip the home and re invest the profits...
I'm confident it will sell, but I've al...
I have thought several times over recent years how it would be nice to be able to pick up some property cheap, fix it up, and rent it out for a steady stream of income. I'm sure no one else has had this thought. ;) I ...
I am exploring different investment options and wanted to hear people's experience with investing in 30k properties. Hope everyone is staying safe and healthy during this time!