Henry Lazerow
Roscoe Village BRRR (House Hack) - Deal Diary
Client is from BiggerPockets but wanted to keep name private. Happy to share a bit of what they did though and the process to hopefully help others looking to do BRRR's/House Hack.
Property: 3 unit bought off MLS fo...
Elton John
Just closed on first deal ! Am I beating myself too hard on numbers
Side by Side Duplex Purchase Price $365K
B+ area
Negotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.6 - 3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & C...
Kay Khan
Third toilet in three months
Tenants moved in three months ago and we have already replaced two toilets in the last two months. I got a call this weekend and my maintenance guys worked on it, saying sewer line is clear but some thing is stuck in ...
LaMiracle Schaefer
Are all maintenance requests required to be fixed?
I’ve done a bit of research on what’s required or not by landlords to fix. However, can landlords deny to fix issues that may be deemed cosmetic? Ex. A home has wood tile flooring. A few of the tile pieces slide sligh...
Ryan G.
Investment Property opportunity assistance
Hi All, and thank you for your help in advance. I have an opportunity to purchase an investment property that is NOT ON THE MARKET yet. Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or s...
N/A N/A
Ok, I need help please!
Ok, so when I actually get into the workings of this I am losing my mind. I was looking for a contractor who does free estimates - to take with me to look at a property....
I didn't realize there were:
Additions &...
Andrew Erickson
Buy Grandma's House on Lease-Purchase?
My grandma is in a very nice nursing home. Her house has been vacant for almost 2 years now. My dad and uncle are trying to deal with her stuff and everything else that goes on with that part of your life. They are co...
Aj Parikh
1st Fix and Flip and lot of lessons learnt
Investment Info:
Condo fix & flip investment.
Purchase price: $160,000
Sale price: $202,000
My wife and I wanted to explore flipping a property but since we didn't have experience or a background...
Aaron W.
Should I unload my property now?
I purchased a 4-unit multifamily last year but the numbers are not working out the way I am expecting. The property cash flows, but CoC is not to my standard (10%+). In hindsight, I bought the property too high and it...
Melissa Perez
High construction costs and buying distressed properties
Hello BP fam,I am recently in the process of closing on an out-of-state turnkey property in the Cleveland, Ohio area and am already dreaming of the next one. I have been doing a lot of reading and research and am temp...