Hi everyone. I am a new investor from the Pittsburgh, PA area and have been actively reading the plethora of information on BP for the last few months. However, I believe I am ready to make the jump and put in an offe...
For cash-on-cash evaluation of rental properties, it is critical to identify ALL of your acquisition costs. Here is a checklist. You might have additional items depending on your market.1. Cash portion of purchase ...
Hey BP, I'm a local broker and investor. We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility. With a few tweaks to th...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Gretna.
Purchase price: $135,000
Long term rental duplex
What made you interested in investing in this type of deal?
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Hi all,I am looking at buying a rental. What is the sweet spot for a rental? I would assume 3 beds/2 baths but just want to check. Also, is it better to buy a newer home(less than 10 years old) or buy an older one?...
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
Hello all! My father and I have recently decided to go into the flipping business. He is a 30+ year property insurance claims adjuster and I am a soon-to-be marketing graduate and real estate junkie.I have convinced h...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $610,000
Cash invested: $50,000
So, let me tell you about this wild ride I embarked on with 639 Plymouth Rd. ...