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How do you analyze a BRRRR deal online without seeing the property? Specially, how to you estimate the rehab costs without line by line items. How do you know if a deal you see online is worth pursuing further. I unde...
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Hello BP Community!I just wanted to get the community's thoughts on this idea. I am an aspiring investor. My wife and I are looking to make our first purchase. As we were doing some property-hunting yesterday, we came...
Opportunity to buy a six bedroom house for $580,000 NZD in Auckland, New Zealand. Current rent is $1250 a week, mortgage at (2.5% is $529 a week, @ 4% is 639). We would walk away after tax with @2.5% = 483 a week, @4%...
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Have any of you had to remodel a house because it was functionally obsolete? We live in Lake Forest, CA, where a large portion of the homes were built in the 60-70s, they are split level 1.5-3 levels. The floorplans m...
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I found a duplex with tenants currently living in it which needs a lot of work. One unit is ok and looks to have minor repairs needed to be done. The other unit is downright disgusting with carpet which was peed on by...
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New to this! And I was wondering what everyone's thoughts were on obtaining storage unit facility? Or if they have one what type of profit/loss do you normally retain?
Thanks in advance.
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Does anybody else have issues and problems with inherited tenants? I've noticed inherited tenants require more attention, management hassles, and carry a sense of entitlement, do not listen/ respect, and leave the pla...
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I've been searching and grinding and finally got my first fourplex into escrow. Asking price is 375k and today the dreaded appraisal came in at 300k. How do I tell the seller the property is way over priced when they ...
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When I call them back, what should I ask them? When I meet them in person, what should we talk about? This is all new to me!My goal is to finance a fourplex using FHA financing.
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I've been on BP for a while. I've listened to every single podcast, (used to be a lot more) active on the forums, attended a couple of webinars, read several books (reading Millionaire Real Estate Investor by Gary Ke...