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Hello BP CommunitySo I've come across this out of state property I'm prepared to make an offer on. Wanted to get your thoughts on it first. Property Type: Duplextwo 3 bed 1 baths just over 1,000 sq ft. each. Neighborh...
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Here are my numbers on a 1350sf 3/2 I found:purchase price: $60,000Rehab budget: $60kHolding & hard loan costs: $14,000Sale closing & Realtor fees: $11,000ARV: $199,900Possible profit: $54,900I am assuming the...
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In searching Craigslist for a deal I cam across a listing that talked about a 3b2b deal as-is, "needs a little tlc" in the ad. They have it listed for barely below the area value for other comparables. I go to see i...
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I have found an off-market Fourplex in my market that I plan to "house hack." The current owner seems to have fallen into this fourplex back in 2012 when he bought it from the bank. Last week was the first time he had...
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Hello all. I purchased a house in Detroit MI for a couple thousand of dollars at auction. The house is in a working class neighborhood, close to businesses and bus lines. Its quiet during the day because people are at...
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Hi I am new member to biggerpockets and I am looking into purchasing my first rental property. I wanted to make sure I used the calculator appropriately to ensure this is a good deal numbers wise. Any advice will be h...
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Area:
Good neighbourhood,
Media household income $120k/yr;
Good schools: 8,8,9 score in trulia;
popilation growth 1.2% last year;
low crime rate.
Fourplex: 3408 sqft listing for $294k, ($86/sqft);
rent 990/unit, (cur...
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Im sure we all have our methods about how we do what we do. I'm curious to find out how you make the decision on whether to invest in an investment property or not? Do you weigh the pros and cons of the home before ha...
How can I buy my first house to flip while in college with a part time job, and debt of school loans?
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Ran across this tool from ESRI this morning:Zip Code LookupPunch in a zip code and it gives you a summary view of the types of folks who live there, income, age and population density. No doubt they have a bunch more...