Adam Craig
How soon can I refinance a commercial building?
I am looking to purchase a historic house converted to a 4 unit office building right in great trendy downtown area - I would be converting it to 6 spaces and using one space for my own business. The price is 275K.
I...
Juvawn Parker
My First Out of State Investment Purchase
Hi All!I recently closed on my first deal this past weekend. It is a property that is located out of state, about 2-3 hours from where I live.The numbers are the following:Purchase Price: 70kDownpayment: 14k (20%)Clos...
John Warren
Single Family vs Multifamily
Hi BP community,I have always been interested in apartment investing, and I love the idea of doing value add investing in larger commercial buildings. My wife and I currently own one fourplex which has been a very goo...
Thomas Gagnon
Questions to ask specifically for section 8 tenants
Hello everyone,
My company has developed our Tenant screening process ver thoroughly and over many years. That said it's been a great learning process and has been successful in the markets we've been in.
Recently w...
Amul Sutaria
trying to BRRRR - But what improvements add value???
Hi BP!I'm closing on my first deal in cash and I want to refinance and pull my cash out after 6 months. My question is: What can i put into the house to add value so it appraises for more money and I can get ALL my m...
Abel Nathaniel
Guidance on the first step towards Real estate Investing in NYC
Hello All,My name is Abel, and I am a current part time college student residing in New York.While many (including some of my family members) have suggested to me that I should wait until I finish school and get a car...
Dane Peterson
Cost Per SqFt to Build in Cape Coral
Hey BP,Got a piece of Land I've had down in Cape Coral for about 5yrs now I picked up through Tax Lien Auction. Sold the ones I had in Lehigh and Alva and this is the only one left, haven't had any action on it in cl...
Jacob Portalatin
Sell or Mid-Term One Unit or Two
Hello, I have a three-level townhome in Annandale, VA. I move next year, military duty, and I am considering whether I should sell or mid-term rent. My monthly PITI is 3071. Long-term rent would not cash flow.
The h...
Joshua Dorkin
***Official July Goals Thread***
There are a few hours remaining in June, but I thought we'd get a head start and post the July Goals Thread . . .
For those of you who have been participating in the goals threads, I hope that you've found the act of...
Hyeseong Park
Recording phone call is illegal in PA but
Hi all, I've done 2 flips so far, and I have a question which might be related with law-side about doing business with handymans.I recently finished one flip with my handyman and he delayed kind of every time for each...