Miranda Wright
Full gut rehab estimate ballpark!
My husband just put an offer on a “fixer upper” of 95k. He was approved for a construction loan of 200k total. This house is 2500 sqft and we haven’t even had a contractor give us an estimate yet. According to the con...
Clayton Carr
Rental Unit has a leak
I’m pretty new to being a landlord. We bought our house a little over a year ago and at first everything was fine. Winter came and since then the rental unit has flooded every time it’s rained. We’ve checked our gutte...
Ignatius Okeke
Out Of State Investing
I'm considering purchasing a multi-family property in Norman, Oklahoma City, primarily because of the nearby colleges and universities that provide rental opportunities. Since I'm planning to do this from out of state...
Drew Shirley
First multifamily deal: How old is too old?
I am looking for my first multifamily deal in Houston, Texas in the 50-100 unit range. My plan is to add value and then re-sell or re-finance.I was hoping to find a property that was 20 years old or less, but the vast...
Gaston Prevette
Multi Family Reposition
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $225,000
Cash invested: $95,000
Sale price: $300,000
All brick 8 units off market with 2 units down to...
Gaston Prevette
Multi Family Reposition in Greensboro NC
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $225,000
Cash invested: $95,000
Sale price: $300,000
We found this 8 unit through the broker relationship...
Mike Sfera
filtering out older homes
do you guys prefer to only invest in newer homes i.e. built after a certain year to reduce the possibility of having to do a lot of reno on wiring, plumbing, etc. or does it just depend on seeing the house and determ...
Eron A.
Will a concrete patio area above basement walls stop water?
So, I have a basement that has cracked walls, and there is humidity in the basement.I got quotes from a few different companies. Quotes were in the area of $10-25K to waterproof the basement.But I noticed something a ...
Codi Clausen
Buying Homes with Basements
I am looking into buying single family homes and came across a property that I would like to move forward with, but comes with a basement. Does anyone have thoughts on buying properties with basements? Are they more t...
Wesley Yu
Manufactured Homes / Lot Investing Strategy?
Hello!
I'm new to the BP Community-- interested in buying my first deal in an expensive market (SF Bay Area).
The general strategy I'm thinking of is this:
1) Buy an empty lot (they go for around $75 a sq foot in ...