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So I have an accepted offer on what will be my third rental property. But this is the first I've purchased with the explicit plan to keep as a rental.
Background: The first rental was purchased back in 2006 a...
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Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
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I purchased a home that was gutted and now I am in a the beginning stages on getting my prices for insulation and heating. The property is located in Connecticut where our winters can last 3-4 months. The house is:1,...
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Well, they accepted the offer that I put in last night. Had been listed in the mid-50s. A couple of days ago they lowered it to 44. I put in an offer last night at 28, 200. This would result in a net to HUD of ...
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Is it ever a good idea to downsize a quad to a triplex? I'm looking at doing a BRRRR on a quad-plex, each unit 2/1, but after doing an initial walk through we felt like it may be a better idea to combine two of the...
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Hey everyone!We are taking out a HELOC on our home, updating it and adding some great features, and putting it out there as a STR. We live on one of the only lakes in Broward County where you can have boats with motor...
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Hello,I am trying to educate myself on sfh. I read & heard some stories about buying older homes could cause headache. I have a few questions that maybe other BP can shed some light.1. What is consider older homes...
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This is one of our latest BRRRR in Tacoma. Overall the project turned to be pretty good, according to bank appraisal we have 40k+ (20%-25%) walk-in equity. $1450 rent versus total cost of 157K , just shy of 1% (0.93%)...
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Hello -
I'm a new investor and have a potential deal, but was wondering if anyone has dealt with cockroaches before.
I found a six residential unit + 1 commerial commerical unit which has a recent infestation of co...
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Hi. I am new here. I am planning to sell my sf home and move to a less expensive area where I can purchase a home and investment properties. My budget is approximately $800,000 total including cost of repairs. I am...