Theresa Sanford
Ugliest Multi-Family ever?
My husband and I are soon to be the proud owners of the ugliest multi-family property ever! It is an 8 plex. We own another 6 plex in the area that is in much better shape. The rental market is strong and we know w...
Account Closed
Latest New Construction Spec Development Deal in Charlotte, NC
Below are photos of our latest speculative development deal. This was a parcel I purchased for 250k in Charlotte, North Carolina. I was able to subdivide into 2 separate lots (one of which further approved to have a...
Andrew Ernesto
Average cost per SF New Construction - Reading, PA
Hey everyone - I am working on a model and looking for some metrics related to new construction cost in the Reading, PA area. Appreciate anyone's thoughts or recent data on this. - Andy
Srdjan Ilic
Tearing down a wall. Is it possible? How much?
Thank you for taking the the time to read and provide any feedback in advance.
The house is about 1200 sq ft with a big wall/closet in the middle (see picture attached). The floors are nice so I don’t see the need t...
Emily Beatty
Basement flooding - 3 contractor opinions
Bought a property in June 2020 in Atlanta, GA - placed tenants in August. The basement didn't have any water issues all summer while vacant. In mid Sept when the hurricane rains came the basement has had water leakage...
David Jesperson
Fix and Flip First Experience
Investment Info:
Mobile home fix & flip investment.
Purchase price: $101,000
Cash invested: $25,268
Sale price: $202,000
This was my first ever solo project. I spent months reading, browsing ...
Syed Naqvi
Hiring a Contractor (Painter) in NJ - What documents to ask ?
Hello Friends,I am hiring a contractor to paint the interior of my Single Family home (Investment Property) in New Jersey. What document I need to ask him? Do I have to keep the copies of any of his documents? Do I ha...
Collyn Bennett
Problems with a property to avoid when buying
I've been looking for my first deal and found an interesting property. It's a house with a detached garage that has been converted into an apartment. Both buildings need to be gutted and completely redone. All the rep...
Chris Hale
Thirty one unit Class D asset repositioned to a Class C+.
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,200,000
Cash invested: $250,000
Sale price: $1,800,000
31 unit class D asset that I BRRRd. Pur...
Miles Stanley
Estimating Rehab Costs when Applying the 70% "rule"
Hello BP community!So I have seen many webinars, videos, podcasts, etc. that discuss this topic. I realize that the 70% “rule” is useful/applicable only when browsing many properties to essentially weed out the ones ...