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I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
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So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
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I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...
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I live in Denver and 3-4 bd homes cost from $380-550. For my first property that I would like to house hack, I am looking to purchase a move-in ready home for $480 and rent out 3 out of 4 bd rooms. I’m expecting a tot...
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Economic Update (Monday, November 30, 2021)
The shortened Thanksgiving week was a relatively quiet period for our econo...
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I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...
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Value is over 1 million I only owe 240k.
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What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
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Hey BiggerPockets family!We'd love to see (or hear) about your worst home renovation fails, and how you were able to fix them :)Sometimes you learn the most from someone else's mistakes --- and sometimes you just need...
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In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...