Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction? For example, I see a home up for auction, and the amount owed is about $38,000. Assuming this is the only debt (and I...
One of the tenants in my Triplex consistently pays rent late each month, the latest date paid so far has been the 11th of the month, the tenant adds to the fire by being impossible to reach, doesn't respond to calls o...
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
Ok, I'll try to make this concise. My marketing budget is $1500/mo. Our original plan was: bandit signs, direct mail to absentees and drive for dollars, email blasts, and network with wholesalers. We are a coupl...
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
I'm in Houston and work as an attorney with only energy clients and my business has been severely impacted. I've also seen the real estate market locally cool over the past 6 months and the trend is down.How are thin...