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Hello,My husband and I are new landlords, just bought our first in October. We are located in Newark, NJ in an area where a 3 bedroom goes for 1300-1800 and a 2 bed goes for 700-1100 ish. When we bought the place, the...
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Hi BP! I’m a new investor, looking at a potential duplex of 2601 sqft total (3 bed/1 bath each unit). The downstairs tenant has been there for about 10 years and is a smoker. Does anyone have any insights of how much ...
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Hi All,My wife and I are planning to subdivide a property in Chittenden County, VT which will result in a 1.5-acre building lot. Upon some initial research, it seems like a modular home might be the right option for ...
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Rookie here,
I'm possibly looking into the BRRRR method on an SFH or duplex. I was wondering what was the best way to estimate the rehab cost. I have a few more questions about the BRRRR method that I don't understan...
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Hi Friends!
In excited to announce I have my first deal under contract! I plan to BRRRR.
Here are my numbers:
113k purchase
20k down
15k in repairs (kitchen, 2 bathrooms, paint, flooring. About 1000sq ft)
Monthly ...
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I'm looking to make the transition from residential to commercial investing and think I've identified an opportunity with a restaurant space in a pretty attractive area. Problem is I'm not sure what the best outlets a...
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I am looking at a MHP with 20 mobile homes not owned by the renters, we would own them. They are 35-38 years old and are not in the best shape. As for the water/sewer it is in good shape. I have put it on paper and it...
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When looking at the opportunity to increase NOI through decreasing expenses the ability to bill back water/ utilities to the tenants clearly looks like a winning proposition. In many of the C+/B- areas I am looking fo...
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I want to renovate a Multifamily with new kitchens ,bathrooms and flooring since this property is located in Vermont are there any suggestions on different types of materials that are better. Example - hardwood floo...
I am building a house on the lot. I wanted to use the architect but learned that it costs a lot of money. I'm thinking of building a house with the house plan from website. Did anyone have experience with this? Is the...