I bought two properties from Columbus Turnkey Houses at the end of last year. Since then, I have already had an eviction in one house, and now was informed that the paint was cracking from the exterior on the other h...
I’m in an interesting situation with a deal and looking for some advice. We got an offer accepted on a great off market 6 family in Massachusetts.We’ve discovered that there are children under 6 living there AND confi...
Hi all.
When in a property, I noticed that a tenant had an unapproved cat. I didnt mention anything. Now, they moved out and the new tenant said he's allergic to pet dander, which the carpet now has. I have to repla...
I just finished a BRRRR in Seattle WA.I did cash-out refi’s on my 3-plex and 4-plex, pulling a combined $168k out. Both properties still cash-flowed well after the refi’s and the 3-plex has zero of my capital left in...
What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
I will use this forum post to document my journey to my first six figure flip....Hopefully. I will post before, afters, info on how I acquired, why acquired, and the process in general. At this stage in time the home...
I was originally going to outsource the interior and exterior paint, patching, and pressure washing for my 1200 SF SFH rental, but I ended up being way over budget on the rebuilding of a room and now am desperately tr...
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...