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I purchased a 9 unit multifamily in Tacoma last year. Almost all the units are below market rent, especially considering the recent improvements. The only unit that is not below market rent is the one that we just ren...
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Numbers (rounded to nearest $100)1350 sf3 bed, 2 bath1 StoryNo GarageListed Price $45,000Offer/Purchase Price $50500Original Estimated Renovation Cost $17000Renovations $20,000ARV $106,000Sold $109,500Closing Costs at...
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My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
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Recently my husband and I jumped head first in to being REI's and landlords. We've been looking for a couple of years for something to invest in, but he's not a fan of properties which need significant work and we hav...
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I have a Duplex in Fort Worth near the TCU area. It is on the edge of the residential area that is "good" and the more sketchy part of Fort Worth. The particular area has tons of Single Family, apartments and comme...
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I had a deal that I wanted to wholesale. The one bone of contention was that the seller did not want me marketing the property for others to buy. He only wanted me to buy as he was afraid that if I didn't find buyers ...
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I have another odd situation on my hands.
I need all responders to start by making one assumption - the story I have been told is true. Yes, I totally realize this may not be the case, but I'm trying to understand ...
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Hi BP community,I am not really new to BP I have been involved for over a year now, listened to basically every podcast (many more than once), read a handful of the books, and actually purchased my first investment pr...
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Hey all, and thank you for your interest in my endeavor. I am posting today to request any feed bad on a deal that I am contemplating. This would be my first deal and want to cover all the bases to ensure I am not bei...
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Hello BP community,I will be purchasing a new home in the next year or so and I havent decided whether or not I should sell or lease my house in Houston. My PITI is currently around $1200 and rents in my area are arou...