I am looking into putting an offer into a 2 bed 2 bath condo in Philadelphia. There is 7 years remaining on the tax abatement and it will cash flow about 300/month. My question is do condos not appreciate as much as S...
Just starting to learn about REI. I was originally wanting to buy a 3 - 4 unit multi family and live in one unit, while renting out the other 2 - 3. My market is Bradenton/Sarasota FL, and a 3 - 4 unit home runs $500 ...
My realtor recommended using a condo as a first investment, but I don't know anyone who lives in a condo. I was wondering if anyone knows about resell-ability of condos in DFW? I plan to BRRRR it, so I wouldn't be sel...
As I’m researching properties on realtor.com to better learn my local market I’ve noticed when searching “multi family” that I get a ton of 1/2 duplexes. How does this work? If you buy 1/2 a duplex then how do you man...
I'm currently in the process of trying to get a deal done one a duplex. I've been in talks with both a lender as well as a broker about the property. The lender informed me they would need three comparable properties ...
Greetings BP,I'm currently evaluating a off market deal in Maryland. Its 3 duplexes side by side under 1 deed for 230k (picture below). As i consider my various exit strategies, i was curious if anyone knew how to spl...
Hi BP,
I am new to REI looking to own my first rental property. I've been reading up and teaching myself for weeks now, and have been checking properties online and driving through some neighborhoods in central nj l...
Dear Forum members,Is it more profitable to buy 12 apts each 2 BR and each priced at 100k or 4 duplexes in next 4 years each priced about 400k?I would be buying and holding as rentals. I prefer more passive income ove...
I have a deal on the table for duplex (actully 2 condos) at 850 sq/ft each or 1,700 sq/ft total. Currently being renovated on one side and rented on the other. Current rent is $920 per month but the area will support...
Investment Info:
Condo buy & hold investment.
Purchase price: $1,700,000
Cash invested: $500,000
Sale price: $2,500,000
gut reno of duplex (2k sq ft) + 1200 sq ft backyard area. lived-in for ...