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Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
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I have just purchased an investment property in Cleveland and just transferred Water/Sewage into my LLC name...Asking the water company what the average monthly usage is, i'm in sticker shock! Obviously past and curre...
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I am in the process of making my first offer on an investment property (a duplex). They are collecting multiple offers to choose from and they need to be in by tonight. Unfortunately at this time I will need to get ...
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Are other Massachusetts landlord's aware of proposed changes to the state sanitary code? The changes would require an "Integrated Pest Management Plan" for certain properties, add new requirements for Landlord to pr...
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Hello,My name is Steven and I've had interest in real estate for awhile but never pulled the trigger thinking I needed a decent amount of cash to get started. With that said, would you recommend BRRRR or house flippin...
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Hey BiggerPockets,
Does anyone have estimations on converting two car carports to garages? Just a rough idea for budgeting costs.
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Hi,This is a property with a motivated buyer, they're about 10k in default. The asking price is $137,000. The area is a small town with a tight rental market in northern California. Not much expected growth. There was...
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Full numbers of the fix and flip below - let me know what you think!
- Purchase price: $180k
- Estimated rehab cost: $90k
- Holding costs + Closing Costs: $66k
- ARV: $400k
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Creating a budget for renovating multifamily properties is crucial for enhancing their value. This involves upgrades to common areas, amenities, and unit interiors, which can be expensive. Therefore, it's vital to cal...
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Hey guys,Just a quick question, How do I roll in the rehab costs of a BRRRR project using the BRRRR TOOL???Thanks