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I've just closed on my first 2 family house and need to do some renovations to prepare them for rental. One of the choices I'm struggling with is the flooring. The house is in a B/C neighborhood. I'd like to remove...
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I purchased an affordable home in a city in Virginia that is undergoing revitalization. My plan was to renovate the house, then move into it (from another state) so I could be nearby while I develop new-builds on some...
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I am newer to multi family rentals.I have acquired 10 units in the last year and a half. I’m looking to make things as cookie cutter as possible to simplify repairs and renovations when a tenant moves out.I’m looking ...
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Hey BP! I hope everyone had a great weekend. Here is the situation. I was contacted by a seller from my direct mail campaign. He has a house listed at 69.9K since March. He also has 4 other properties that he's willin...
Hello all,First (and long) post. This is a general shout-out to the more seasoned investors out there, from Maine in particular. I’m looking at the numbers on a 2-story commercial building in my town (Dover-Foxcroft,...
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I am trying to get a rough idea of how many hours it will take my contractor to remodel my bathroom so that i can get an idea of what i will be paying in labor.I am most likely going to paying between $40-60 per hourD...
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We locked up listed Triplex in a Cleveland Ohio. Large, high ceiling 2BD/1Ba Third unit did not have stove and during our due diligence, we found out that Cleveland Heights City zoned it as Duplex and County zoned it...
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I wanted to share this recent success story with everyone. For some history my brother Nick and I have been partnering on buy and holds since 2009. With this latest story, by far our best and (potentially) most prof...
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Hello BP community! Just recently closed on my 1st
investment property (Duplex located in Amesbury MA). Me and my partner are implementing the BRRRR strategy and plan to hold on to this property for a good while. Id ...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...