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Hey folks,I'm so close to settling on my first rental property. I plan on house hacking it and I'm looking at a 20% cash on cash return after all the expenses for this property. The numbers seem to work. The property ...
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I'm closing on a multi-family unit that requires a full rehab. This is my first rental and I'm debating on if I should do gasor electric heating and cooking. All suggestions are greatly appreciated.
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Good Morning All,
My name is Mitch Kistner and I am just beginning my journey in LTR's. I recently went under contract on a Duplex in a 55+ community in Mesa, AZ. I am looking to BRRRR the property, with hopes to re...
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Hi All!
New to investing, I bought a triplex last year in Boston (Jamaica Plain).I’m scared that I bought a property that’s going to be a financial mess. Bathrooms need to be renovated, but I’m hesitant to move forw...
Hi BiggerPockets Community! We could really use your expertise. My wife and I are looking to purchase our 3rd property and want to take something on that needs a little fixing. We plan to live whatever house for about...
I am in the process of working through a BRRRR I have in a C Winston-Salem neighborhood and have a few bids from GCs in the area. Here are details on the project:2 bedroom, 1 bathroom 1,000 sqft distressed single fami...
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Hi,I am a local investor in Suburban Austin area. I usually do make ready (paint, carpet, fence, toilets, fixtures etc.) on an acquisition before renting out. I intend to offend no one by this post. I am sure there ar...
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I've been putting one smoke detector in the hallway and one in the kitchen in my rentals. I know this varies by locality, but the electrician told me the code also requires one per bedroom. This seems like overkill to...
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I read an outdated book that had a rule of thumb for estimated $/Sq ft for renovation costs. Does this idea seem legit? How do you estimate when you can't get into the property before you make a bid?
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Hey all,I am considering buying a multi unit 1950's constructed cinder block apartment building and wanted some advise. The electric is knob and tube which is the major problem with cinder block walls. The second is...