Hi Guys,My question is pertaining on using the 1031 Tax Exchange on Multi-Family homes. Theoretically, is it possible to remodel a distressed duplex, live on one side, sell the other side, and roll that profit into a ...
My wife and I have a duplex purchased in November 2013 and lived in 1 unit and rented the 2nd unit until October 2019 when we purchased a Condo to live in as permanent address. We're looking to sell Condo after 2 year...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $25,000
Sale price: $131,900
This was one of those that was a dream for everyone involve...
Good morning BP,
I've done a few fix-n-flips, but I'm considering buying a lot to build a home to resell. I THINK I know some of the basics: buy lot that has connections to sewer and water, find a builder to build t...
Hi,I’m not new to investing. However, i’m still a newbie to investing into business like gas stations or laundromat. Beside the balance sheet, profit and other things, my stupid question just come across my mind as i ...
Investment Info:
Single-family residence fix & flip investment in Burlington.
Purchase price: $70,000
Cash invested: $76,000
Sale price: $126,000
Purchased with HELOC. Deep clean, handyman i...
So you find a property thats an REO on the MLS for under 200k, looks like it needs repairs...its only 15 years old, its in a good neighborhood.........but its been on the market for over 200 days!? this is just an exa...
Hello everyone, I just stumbled across this site in my quest to find financing info for investment properties. I'm in the process of selling my first home at around 2.5X profit and I want to reinvest, this time with r...
I have been around the residential remodeling industry from around the age of 10, 27yrs. Working on houses is my passion and hobby not just a job. I have done a few "house hacks" as you call them but never did much m...
Hello BP!
Newbie here trying to map out a business plan. On several podcast I have heard the reference of the BRRRR method. This seems like a great and logical method. What are some others? Can anyone chime in with s...