Dear BP members,I was wondering, what factors could possibly affect a property's value?If there's a public school across the street, is it a plus or a minus?If there's a bodyshop next door, is it an advantage or disad...
In February 2017, we closed on a value add commercial property with a purchase price of $950,000. In February 2019, we closed a refinance to pull all of our initial capital plus some extra cash into our pocket based o...
View report*This link comes directly from our calculators, based on information input by the member who posted.Looking for feedback on a deal. I plan to house hack and I'd appreciate feedback.Thanks!
Hi all!
I bought a C* B- 8plex 18 months ago via 1031 exchange with a plan to fix up units, raise rents, and possibly sell in 3 to 5 years.
Got a call from an investor with an offer $100k over what i paid for it jus...
Hi I am trying to buy a new build SFH as my first investment property and my realtor has been strongly pushing for one by Starlight Homes. I believe by how strongly he advocates for Starlight while speaking negative o...
I am interested in property that has been flipped by an investment company, its been on the market for about 50 days with no offers. It is a nice home but I believe it is over priced for the area. Should I offer 14% l...
I’m very much still in the learning phase, so if this is a dumb question, please forgive me. For what it’s worth, my goal is cashflow, but I won’t be able to buy super nice properties to begin with.When I’m looking a...
I am looking to understand how CAPEX plays into the MF value add strategy. For example roofs and HVAC.How do these two elements play into value add? Do they:Lower the purchase price - because we identified the need to...
I'm actively looking for my first multi unit investment property and I have come across ok deals, but I think I'm over thinking and looking for the "perfect" deal. How did you get through that and what tools helped to...
I played professional Basketball in a foreign country for two years and came home last year and immediately got a W2 job one year ago. In order to qualify for an FHA or conventional loan, you need at least two years o...