HI yall!
So for the longest time my family has had a 2BR cottage in Wisconsin as well as a plot of land. Both are lake front properties on a very nice, desirable lake.
We don't want to have either property any more ...
Hello BP-I have recently been talking to a seller about a 9 unit apartment complex in Eastern North Carolina. It is all one story, with washer dryer units in each unit, and parking directly in front of each unit, so...
Hey guys, I'm looking at a MHP with a 120 year old house on the corner of the park that has about 1/2 an acre to it. We're thinking of tearing it down since the upkeep on it is expensive and so is the insurance. If yo...
Hello all at BP,I have a duplex that I am currently living in half. I purchased three years ago at $130k and, at the time, I thought a 15 year was the answer - lower total cost at an unheard of 2.75 rate is what reso...
I have some tenants moving out at the end of December and will be remodeling the kitchen. It is over 30 years old and falling apart in there. What are some best practices for remodeling a rental property for around $5...
I'm not sure what analysis would give me more accurateinformation. Here is the problem. The property has 10K of foundation problems but it's not bad enough that I would fix it now. If I wanted to sell the house it wou...
This is my first post on this forum but I’ve been a long time listener and lurker. I’m in contract on 2 tri-plex units being sold as 1 six unit. I’ve flipped 18 homes and purchased 2 other multi families with standard...
In considering buying our first house to rent or flip, we need help in figuring the best size for a roll-off. Here's some information: 1400 sq.ft.' 3-2-2 on a concrete slab with 9' walls all on one floor. The ceiling...
Potentially purchasing a 28 unit complex and would like to get the forums insight. It was built in 1941, sits on half an acre. Seller owned for 10 years, selling due to cross country move. Asking price is $420,000. Pr...
Hi, I'm a newbie from central Massachusetts hoping to have my first deal to fix up this winter.
I've been practicing at analyzing deals and I'm wondering if the 2% rule (where the possible rent should equal about 2% ...