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So I hired a contractor to do an addition to a STR home that I have. In his price of $53,000, he broke down the various items and their costs.For example, he quoted 16 squares of shingles, materials and installation,...
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I closed on #37 this morning. it's located in westland. the surrounding cities are Canton, Garden City, Livonia, Redford and Plymouth.it's very different than what we normally buy to a point that it's unusual for us. ...
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Good morning BP
I have bought properties either using personal or private funds.
In the current climate I want to keep more cash on hand.
So now I'm entering the Hard Money arena.
Can I have some advice on what t...
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Hey Fellow BP'ers, I need some advice from all of those brilliant seasoned minds out there! Who can give me some tips on C-class apartment multifamily residential (MFR) investing, and section 8 requirements?
...
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Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
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Hi Friends!
In excited to announce I have my first deal under contract! I plan to BRRRR.
Here are my numbers:
113k purchase
20k down
15k in repairs (kitchen, 2 bathrooms, paint, flooring. About 1000sq ft)
Monthly ...
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There is a MF property that caught my eye, and it's been on the market 9 months or so. I keep looking at it, wondering why. it doesn't fit what I need atm, since I'm looking for a 4 unit max to FHA. But I look at ev...
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In August we closed on an 8 unit property and inherited the tenant base. Most of these tenants would have never passed our screening process and we intended to proceed with non-renewals as leases expired. C property i...
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I have a tenant who wants to pay in advance for the remainder of the year.
Help me see some of the bad points in accepting this money upfront.
The reason they want to do this is because they are irresponsible and ...
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I've read through past forum posts regarding turnkey (TK) and did not find the specific info I'm looking for. From what little I know, TK investing requires a three-pronged analysis;
1) Analysis of the TK provider (...