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Been looking for a new buy and hold MFR and have narrowed down to a few areas and started working on financing. I looked into a Heloc on my primary(rather not do that) and was looking into taking an equity loan on a 3...
We‘re having a problem with our contractor. A crane fell on our house in February 2018. It punctured a Large hole in the roof and rain that came in the following days caused lots of water damage. We had to move out of...
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Innovative? Strategy
I'm following another investor who's completed somewhere in the range of 50-100 rehabs in a major metro market.
He will do major rehab work while the homes are under contract, BUT before he clos...
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Hi all,
I'm looking to add my third SFR to my portfolio. I'm looking for some help in my analysis to make sure it's a good deal:
Asking price: $85,000 (paying cash - may refi later to buy more properties)
Taxes (201...
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My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...
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I'm considering buying this 5-unit office building. It's in a stable, mid-sized Midwestern market with a low (5-ish%) office vacancy rate. Currently 3 of the 5 units are rented. One of the others was occupied by the o...
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Five hours ago our company received an email saying that after insurance underwriting did an inspection on our rental property that we needed to have a roof inspection done and a couple things done to the roof. They ...
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Hello BP! I am a new member to BP and just sent out an introductory post. I needed some recommendations on the best way to proceed with a potential property that I have found with regards to flipping it.
The property...
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Hey All,Just curious to get opinions and thoughts from you on what makes a better rental property. I know there are pros and cons to single families and multi-units, and I'm still undecided what direction I want to ta...
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Hey guys and gals. New BP member from Mississippi here. In my area (Rankin/Hinds county) all homes are sitting on Yazoo clay and virtually every "deal" I come across will require foundational repairs in some capacity....