I am currently negotiating a purchase of a victorian 4-plex.
The pros:
Amazing location in one of Portland's hottest neighborhoods.
Immediate upside potential-rents could handle a 20% increas w no improvements; 30...
6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
The wife and I have been buying properties in a few smaller towns in central Nebraska for the last 5 years. We are currently working on closing our 30th unit. We have 5 duplexes and will have 20 sfh. Our average re...
Among other things, I am in the process of remodeling the laundry room in a 3 story, 39 unit property I purchased last year (25-2B & 14-1B = 64 Bedrooms). Currently, the building is set up with 3 laundry rooms, on...
Hello all, I'm investigating my first flip deal and want to get your input, apologies for the long post in advance. I've been researching and gaining knowledge for quite a while, both online and in-person at local RE...
Hey all,I have and issue filling in my properties. I have (1) 4/plex, (1) single family, and (3) 2/plex in Milwaukee WI, and in all three types we are on average three to four months turnover between tenants. We are u...
Hey BP, curious if anyone has thoughts on the BP calculator with regards to the Rental Property analysis vs the 50% rule? I've been using the rental property analysis calculator and when I plug the expense numbers in ...
The goal of pulling out all of the money is a little unrealistic right away, puts a lot of pressure on you and your team. This is especially the case when you are trying to do volume and want to build a big portfolio ...
I recently read on BP that 7 markets including Portland and Denver were at risk for a Housing bubble. I am from Portland and our end game is to get back there in a year. The fact is I could not agree more with a housi...
A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...