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Hi All,My understanding is that the value of multifamily depends on the NOI of the property. This means to BRRRR Multi-family, you have to renovate the building and raise the rent of the units to market rate to get yo...
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I don't know why this is eating at me, but I strongly dislike the fact that "townhome" has two different meanings. Half the people I talk to think townhome is an architectural style; the other half think it's an owne...
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Is anyone familiar with the vacancy and cap rates for the third ward area, specifically for 5-10 units?Thanks!Daniel
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Hey guys my appraiser for my duplex just notified me that before being able to close I have to get the paint chipping fixed on the property. Does anyone know how anal they are about this or to what extent must this ge...
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The house I am interested in was foreclosed and had unpaid mortgage value of around 500k. It was on live court auction with a starting bid of 528k.
It didn’t have any bidder and got reverted back to the beneficiary, ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $78,000
Cash invested: $11,000
This house just needed some cosmetic repairs! Myself and some other investors have r...
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Hi!I live in Maryland and have family that may be installing a sump pump/interior drain system in their unfinished cinder block foundation basement. The house was built in 1968. I know nothing about this trade of co...
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Hey there BP, you guys are looking handsome as always! I am a hopeful real estate investor, attempting to use the BRRRR method, and I am having trouble calculating rehab costs. For example, while analyzing a proper...
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I hate HOA's. I always have. I always will. However, others must love them because they are built. People buy.Question:What are the pros and cons of flipping in an HOA?
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We are scheduled to close on a property in a few weeks down in Decatur GA. We are still trying to iron out the details on the renovation strategy.We know we want to go up with it, and double the square footage. Ori...