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 ...
Salvatore Cataldo
Our First Rental Property
Investment Info:
Single-family residence buy & hold investment in Ocoee.
Purchase price: $175,000
Cash invested: $5,000
Purchased 3/2 SFR for $165k cash in December 2020.
Value add (15k budget):...
Bradley Walker
Analyzing an off market Mulit-Family BURRR with NDA
So I have found a multi-family property in Southwest Ohio that is in a fantastic location and is a complete gut. In fact, the building is condemned. The owner has had the building for 30+ years and knows the value of ...
David Ram
Newbie rental property investor from NY investing in Baltimore, Md
So glad to join this community of amazing people! I am an interior condo/house renovation contractor from NY transitioning to a rental property investor. I couldn't afford to invest in my own hometown, so decided to i...
Andrew Kouri
What are the best things to address with a $50k budget for a flip?
I am considering doing a flip for a house that is in a $500k ARV neighborhood. Most of the work I've done has been on higher end properties, so I am trying to get some idea of what would be the most impactful and prof...
Thelonious Jones
Atlanta: Bought it for $5,000 - Sold it for $89,000 Duplex
05/2013 - $5,000 - Purchased Duplex Short Sale Waited 9 Months to Purchase06 - 08/2013 - $55,000 - Renovation07/2016 - $89,000 - Sold09/2013-07/2016 - $39,000 - Gross Rental Income Collected09/2013-07/2016 - $19,500 -...
John Casmon
Technology Package for Older Apartments?
Amongst other value add plays, I'm looking into adding a technology package to a C+/B- complex in a Class B+ area. The location is more family friendly, than millennial focused so want to keep it fairly simple. This w...
Mack Lane
My ideal first investment property.
Investment Info:
Single-family residence buy & hold investment in Bainbridge.
Purchase price: $53,000
Cash invested: $6,000
Sale price: $92,000
This was my first investment property. It was a...
Brandon Owens
My First Rental - A Wash But Gained a Ton of Knowledge
Investment Info:
Single-family residence buy & hold investment in Birmingham.
Purchase price: $15,000
Cash invested: $50,000
4 bed 2 bath single family home with 2900 sq ft of living space. This ...
Stephen Gathman
short sale approaching foreclosure
Hi. I am trying to purchase a short sale that we found out will go to foreclosure on April 6. The BPO has been done about 1 1/2 weeks ago, so it is on the negotiator's desk.
Will the approaching foreclosure date serve...