Chip Larson
Buy and hold duplex renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $127,000
Cash invested: $143,000
This did turn into a beautiful duplex after our 10 month renovation. It wa...
Max Traveler
Rehab Advice Needed
Hello all,
I just purchased a legal 3-unit in Logan Square/Avondale area (Thread). Big kudos to @Henry Lazerow. I’m a bit handy and will like to do as much work as I can because I want to learn and be better.. of co...
Joel Polanco
Purchasing SFH With Tenant in Place
How do you guys feel about purchasing a property that has a tenant already renting it? I am going to purchase my first investment property in Jax in the next two months, and I met with a realtor yesterday. She asked m...
Rick Albert
Taking a 5 Unit to a 4 Unit
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Steve Fernandez
Decision factor - 4 units or 5 units on renovation
I’m about to make an offer on a latge home with a large detached garage. Meeting with an architect, and the question came up on the renovation. I have the ability to convert the property to either four or five units....
Tyler Burton
Purchasing a home that needs to be completely renovated
Long story short we will be putting 10% down for the house. We could put 20% down and still have cash reserves but we are looking to acquire our first rental property this year so we would like to save some of that c...
Luke Langhals
Property Management Company Startup Questions
We currently have an LLC that holds our residential rental properties. Tenants pay rent to that LLC, that LLC pays the property taxes, and that LLC hires contractors/handymen. We do pretty extensive renovations after ...
Andrew A.
Buy, Refurbish, AirBNB, Sell (in a foreign country)
Seeking Feedback on Property Investment Partnership: Tbilisi, Georgia
Context:
My family and I live in Europe but have several AirBNB properties in Tbilisi, Georgia, where my wife grew up. We’ve had great success ...
Brandon McCombs
sources for income approach for appraisal on 8 unit bldg
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
Steven Tankersley
Partnering on a flip - setup LLC? Help eval my deal please
Hi all,I am a realtor and licensed contractor, and I need some advice moving forward on a flip in California. Background:I found the property and contacted the owner. I reviewed the property developed a renovation est...