From my time as a Construction Manager rehabbing REO foreclosure properties to my career in residential design I have learned a lot of valuable lessons and developed some helpful strategies that I believe can be usefu...
The proposed strategy: Buy an SFR -lets say a 4 bed/ 2 ba house -1600 square feet ...subdivide interior to convert to 3bed/2 ba @1000 square feet plus a 1bed/1ba @ 600 square feet Jadu unit--rent out both units -...
hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...
Well, its Labor Day. And I worked more today than yesterday.Stopped to watch a couple of youtubes and they got me thinking. Got a notification someone voted for a post I made; they were from New York City. Both it...
Hi everyone:I'm in a situation and looking for a little advice. I made an offer on a property sight unseen and the seller accepted. Problem is they took an extremely long time to produce the signed contract, and when...
Hi Bigger Pocket Members, I have a 2bed/2bath,1200sq ft. log cabin in Maggie Valley, NC. I pay my house keepers $36/hr to clean the cabin which usually averages 3 hours per cleaning. I stay rented with maybe 9 to 10 ...
Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...
Hi BP Team ,
Is there any window for the buyer to go back to Seller if any major issue is identified in the house but was not identified during the inspection ?
I bought this house on September 2017 and seller was ...
Many are discussing how to capture opportunity in Houston. Many fortunes will be made and lost in the aftermath of Harvey. My career has placed me in positions to help create win-win scenarios for families and busines...