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Hi BP, I recently went through a fairly large renovation project on a duplex meant to be a buy and hold property. The rehab occurred as a long distance property in Michigan where I live in Hawaii. My property manag...
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Hi fellow BPers! Today's been a lazy day and I've been lounging around watching all the fun house renovation/flipping shows, and it reminded me of my current house-hacking story that might be fun to share. Maybe it wi...
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This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $37,500
Cash invested: $15,000
Sale price: $65,000
Contributors:
Peter Vekselman
Partner Driven...
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The vision of a freshly updated home is so seductive, it's easy to forget that the project will most likely come with aggravating delays and unexpected issues. Think about it. When was the last time you heard about a ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $28,950
Sale price: $416,000
Contributors:
Peter Vekselman
Partner Driv...
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Good morning BP, are you looking for your first flip? How do you know if a "deal" is actually a deal? What do you need to look for, what needs to be considered? 1) Purchase Price:
Acquiring the property at a favorabl...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $1,111
Sale price: $210,000
Contributors:
Peter Vekselman
Partner Drive...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $1,170
Sale price: $199,900
Contributors:
Peter Vekselman
Partner Drive...
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About us: Used the BRRR strategy, have 5 doors in 3 properties with $300k in equity and $1800 cashflow per month. Started in 2020.Bought a single family home in mid June 2022. Its zoned for use as SFR, duplex, triplex...