Investment Info:
Small multi-family (2-4 units) commercial investment investment.
Purchase price: $3,800,000
Cash invested: $320,000
A 3-story co-living ground-up project with (32) rooms in Hollywood...
I am new to BP and real estate. A friend of mine who has not yet joined BP and is also new just completed construction on his first flip a couple of weeks ago. Last night he checked on the house and walked into a di...
How aggressively should I be factoring in CapEx and maintenance respectively, as percentages of my monthly cash flow for a new construction home? Am I able to assume that it's feasible for me to be less aggressive wit...
Hi BP,Has anyone looked at how much on a percentage adjustment of construction costs adding prevailing impacts costs? We are thinking about going the HUD financing route for our construction debt, but I've been trying...
I am going to sell my rent to own property with holding the mortgage to the tenant/ buyer. He has fulfilled the requirements to do so. Thus creating owner financing seller held mortgage . My question is who do I...
Hey BP,I'm looking at a 3 unit that's officially zoned as a two flat. The cash-flow looks good if I'm able to rent out the basement unit. Does anyone have experience with this type of situation; should I buy the place...
Hi everyone,There are a few posts on BP asking "How do I figure out the ARV?" and each time knowledgeable people answer, 'look at comps' or 'ask an appraiser'. Let's focus on comps. No two houses are the same, and thi...
Hello! I am a realtor in Michigan and my fiancée and I flip homes and have multiple rental properties so he is a big fan of bigger pockets and suggested I take our most recent issue on here for advice! We accepted a V...
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Hello! I hope everyone is staying safe out there during these unprecedented times.I wanted to ask the community, a rough ball park figure on what it would cost to build an ADU of let's say 500 sq. ft. with one bathroo...