Daniel Soovajian
How to succeed with out of state BRRRR as small time investor
Hi everyone,With my first out of state buy and hold rental property under my belt as of a few weeks ago, I'm planning a BRRRR for my next investment in mid/late 2019 and and am curious to hear BP's feedback on a few h...
Drew Mim Mack
How do I raise the rent???
Payment, Taxes, Insurance = $905 + garbage $17.50 = Monthly expense $922.50Rental Income $1000My uninformed opinion was SHWEEEEET, cashflowing $77.50... The BP rental calculator has shed some light on the subject. I ...
Alex Kerzhakov
Multi-family unit in a HOA: a good deal?
Hi All,
I have an opportunity to buy a 2 family unit located within a good Homeowners Association at what seems to be a discount price. Here are the details:
Price: $98,000
Units: 2
Unit 1 SF: 1071 Unit 2 SF: 980 ...
Adam Smugala
Possible 8-unit opportunity, needing advice
Hey BP community,
I have came across a possible 8-plex for sale, which has a unique history, that I need some advice on.The building has 8 units with 7 of them rented weekly and one rented monthly. This is obviously...
Jamal Davison
Advice for selling SFH for cash
I want to sell both of my SFH to cash offers if it makes sense. How do I get an idea how much other houses sold using cash offers in the same area?
Dante Quilici
Seeking Help/Advice for a Potential Land and PreFab Home Purchase
This is my first time posting to this website, though I've enjoyed its content for a while. I'm considering buying a plot of land in Montana/Wyoming/Idaho and placing a nice prefab home on it. Does anyone have experie...
James Phillips
What's a good wholesale profit/PM
I looked up what the winning bid for a HUD property was and it was about $131K, they are selling for $157K. The will have owned the property for about 1 month (the auction was 11/28)They claim its a "clean up and sel...
Chelsea Ziss
Opinion Question - Would you add central air to a small rental?
We are about to start rehabbing our first rental - a sfh in an A-/B+ neighborhood. It is only 700 sq ft. We are currently under the impression that the furnace works fine (although we don't know for sure.)My husband /...
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 ...
Brian Morreale
First was by accident, the second was on purpose
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,500
Cash invested: $45,125
My second property purchase. Side by Side duplex purchase with one unit vaca...