I bought my first investment property, a 4-plex, in Salt Lake City about 6 months ago. We have done much of the renovation work on our own, but I have a busy schedule and would like to find a reliable handyman. I have...
I am on the verge of purchasing a piece of land in my area. I'm trying to find out what type of build will yield the most profit. i.e building a large single family home versus building a multi family. It is zoned for...
I'm a BRRRR investor with SFRs, but I'm seeing a lot of old buildings built around 1900 that are vacant, structurally sound, already have utilities, and are dirt cheap. I'm seeing these in the small towns that are fr...
I am a small-time (4 LTR rentals) landlord in Maine. I have begun a discussion to purchase my grandfather's birthplace in Tuscany, but it needs work, and I have limited resources. My goal is to acquire and renovate th...
I have a property that is lake front that I want to buy. The selling price is below value. I want to turn this property into a short term rental. The property needs renovation. This renovation will further increase t...
Hi All,New investor here. My business partner and I went into contract on a 4 family property in Framingham, MA. We will renovate all 4 units and then rent the units out. I reached out to an insurance broker today and...
I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
Contractors — What are your numbers based off of when calculating bids for investors?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $150,000
Sale price: $500,000
We acquired an off market 880 SF hoarders drug house buil...
I just bought my first property well below market value. According to multiple real estate agents, once renovated it will be worth hundreds of thousands over purchase price. That said, I’ll need to invest about $100,0...