Mike L.
Creative ideas to pay for carry costs on raw land
Hi all,A group of us just bought some raw land in an up and coming area of Dallas. The land has very good/liberal zoning that will allow for a variety of uses. Our plan is to hold the land while the area improves as i...
Chris Tarpey
OUR FIRST AIRBNB ARBITRAGE EXPERIENCE!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $10,000
Cash invested: $10,000
This was an Airbnb arbitrage deal we worked with another investor on. Althoug...
Henry R.
Multifamily Dilemma For 3 or 4 units
Hi BP,Please give me your thoughts on this 3 unit. It's in move in condition the asking price is 112K, it's in a very nice and clean area. Has 6 total bed rooms. 3/2/1 with a 2 car garage. One problem is there is only...
Raden Mantuano
Minimum Required Financing Dilemma Need Help
So my partner and I are hitting a dilemma trying to a obtain financing for a multi family triplex deal. Most lenders are rejecting us due to the loan minimums. It’s either too low, or we are too new.. is there’s anyon...
Alexzander Boehmer
Big Learning Experience
Investment Info:
Condo fix & flip investment in Westminster.
Purchase price: $120,000
Cash invested: $10,000
While this started off as a very easy low cost flip, I quickly learned a lot from firs...
Lee Graham
Advice Needed-Appraisal came back low on Duplex-Cover the Gap?
Hello BP Community, I` d appreciate some advice on a decision I am making about moving forward with a duplex I have under contract. I currently have three multifamily properties, ranging from 4 to 8 units. I'm doing w...
Khari Harper
I think I want to make my first investment but I need advice
I had a question for investors.I have a background in real estate. So I want to invest in my first property. I have about 15k dollars to invest. Of course I would need a private money lender. But with this 15k what ar...
Eric Carbrey
To jump or not to jump.
There is a fourplex for sale in my city that started at $149k I have talked him down to $140.I am very interested in the unit. Here are some hang up I have. Right now the tenets are in a program that get homeless peop...
David Ivy
April 2021 Austin Market Update
April 2021 market statistics are out from the Austin Board of Realtors. In the City of Austin, low inventory and sky-high demand pushed the median sales price to $550,562, which was up 32% compared to April 2020. That...
Derek Petersen
Can I get an Air Conditioning Expert?
Hello BP,You guys had plenty of info for me when a furnace went that I thought I would now ask you an Air Conditioning question:1. Based on the info provided, does it seem to be solid advice to replace the entire unit...