Hello BP family, I'm in the process of closing my house in NE Tacoma, WA. The house has 2bd+1bth on the upper level, and 2bd+.75bth on the lower level. We're planning to convert the 2 cars garages into a living room a...
I was just thinking about something. What would it take to convert your properties into a REIT? Seems like a cool idea to me. Turn your empire public - sell shares - get financing to grow. Although you lose in som...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
Sale price: $230,000
Bought the property about 4 years ago, originally i...
Hi all! Has anyone had success turning a duplex into a quad? Currently I have a mortgaged Duplex. I've been told that I can turn it into a four unit if the city allows it.
I'm in Atlanta and currently my place is zo...
Hello Baltimore BP folks,It was a pleasure meeting some of you at Account Closed lunch on Friday. I learned a bunch in that hour and a half. For those who are thinking about investing it is a great way to meet folks f...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $150,000
This was our first primary home and was converted to rental after living in it for...
Hi Folks,I bought a property in Harrisburg, PA about a few months back with a conventional loan on my name.I would want to transfer the property to my single member LLC. Reached out to an attorney. He mentions that it...
Hello everyone, so I found an off-market 7 Unit apartment building (seller financing) in the greater Lansing area in Michigan that is set up in a way that appears it can be converted into 8 units fairly easily. There ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $150,000
What made you interested in investing in this type of deal?
This was ou...
Hi all-
I'm new to BP and this will be my first post. I recently purchased a end unit row home in the H st NE area from my landlord. I fixed it up and am now renting out two rooms in it, bringing in $1700/month which...