Craig Wilson
Water and Mold
I put an offer on a house in a decent neighborhood where the other houses sell in the 105,000 to 120,000 range. My offer of 78,000 was accepted. I had the house inspected and all was good except for the discovery of...
Lauren C.
"For Storage Only"
Hi BP Community,I toured a 3 story duplex yesterday in New Jersey and with some small changes, this property could be a great investment. There is just hang up. The property has an illegal third floor 1 bed 1 bath apa...
Rachel Degennaro
Rewiring triplex with tenants
I am closing on a triplex that I got a a discount because of work that it needs. The main one being it needs rewired. The wiring still works, it just there is no ground wire and the electric box is a fuse box. Also, i...
Dan Rivera
Buying a 3 Family Property - Bust?
Hi Everyone,I'm a newbie investor from Hudson County, NJ with an interest in multifamily properties. I am teaming up with my parents on my first deal. We put in an offer (which was accepted) for a property advertised ...
Nathan Currier-Groh
Camp Washington - Mixed Use
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $75,000
Cash invested: $15,000
Mixed-use brick building with a storefront in the Camp Washington business d...
Diego Garcia
I need rehab advise
So I am looking at this house that an older couple owns. They have very old taste so the house needs some cosmetic work, but it is so old that the electrical stuff is out of code. The contractor said the house will ne...
Kenia Crevoisier
Sagging Floors on a Miami 1920's Property (pictures included)
Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...
Nick Coonis
New Construction SFR - Los Angeles County
Hello BP, thought I'd finally start a diary on my project. To make a very long story short, we have finally broken ground on our 10 acres of land in Acton, CA which lays in the northern part of Los Angeles county, jus...
Alex Staunton
First Investment (hopefully of many)
Investment Info:
Large multi-family (5+ units) buy & hold investment in Asbury Park.
Purchase price: $799,000
Cash invested: $240,000
This was my first investment deal. It's a buy and hold. I p...
Michael McCartney
Second Story Balcony Repair
I bought a duplex and have completely renovated the interior and will start on the exterior soon. My first big problem is the second story balcony, it is very unstable and I was looking at some tips for repairs. First...