Hello BP family!
Ever since I joined the BP a couple of years ago and read many inspiring stories, I FINALLY decided to take major action and quit a solid paying career as a surgical device sales rep to focus on RE...
Found a foreclosure that I'm wanting to put an offer on. I'm taking my contractor to it next week but wanted to get some of your all opinions before I met with him. I tried to take pics of anything that would need fix...
My wife and I bought a two-flat in the Avondale neighborhood a few years ago. It's a pretty typical framed Chicago multi-family, complete with in-law units in both the basement and attic. Currently, we're living in th...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $12,000
Bought this property using an FHA 203k loan. Using a combination of seller credits ...
Hi All,Some help/opinions are appreciated! I bought a duplex with my mom and she will occupy one side and we'll rent out the other. We've begun to remodel one unit and we've taken off some drywall and pulled all fix...
Investment Info:
Single-family residence buy & hold investment in Oceanside.
Purchase price: $560,000
We needed a backyard for our only child!🦮
-Bought as a primary residence Covid (appreciated 90k+)...
Hello BP,I am starting to look at foreclosure homes or homes that are being auctioned off. So when you look at these homes online you get to see the outside and never the inside. Plus, in the description it says do no...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Newark.
Purchase price: $370,000
Cash invested: $12,000
Its a lovely 4-unit with good bones. I will be adding some value-a...
Hello folks,My name is Felipe, I'm RE investor and just got my RE license past month.After a few years of investing in real estate (99% of my investments was raw land acquired through tax lien and tax deeds), I decide...
What underwriting rules do u apply when assessing mf complexes? I heard management is 10%, vacancy is 10%, what maintenance percentage, etc?
TIA