We live in Northern NJ in a house we bought 4 years ago (30yr loan, this is our 3rd house after moving for jobs). We have 3 kids and don’t have plans to move out because of my husband’s job and kids’ schools but we’re...
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The familiar pattern of extremely high buyer demand, cripplingly low housing inventory, and rising prices continued during the first month of 2020 in the Austin metro area. According to the latest market report by the...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Dayton.
Purchase price: $350,000
Cash invested: $35,000
This building was originally a schoolhouse, then converted i...
Hello,I am a new member and trying to learn as much as I can. My wife and I live in Salt Lake City, I am an Electrician and she is a Dental Assistant. I have been learning and listening to real estate books the last c...
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Hello all, I'd like to get some basics out of the way but I'm hoping for some feedback for my first potential deal.I live in little Baker City, OR where the property is. I have family, friends, and some connections ov...
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I am currently underwriting a deal I’m looking at and need some guidance on what specific items/work is going to cost. Obviously this is different everywhere but rough estimates and ranges are welcome. It’s a 20+ unit...
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Hello everyone,
I spent quite some time thinking about this, but when I could not come to a conclusion, I thought about posting this on the forum. I am an (experienced) real estate investor, been investing in...
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Ballparking estimates for MultiFamily:
Moderate rehab: $20 to $25 per square foot
Substancial rehab: $35 to $40 per square foot
Gut rehab: $55 to $70 per square foot
What are your thoughts?
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Hello everyone,
I am looking at a property on auction for 25,000. Other similar properties in the area value at over 100,000. The one catch is the bank says that buyer has to deal with the current tenant.
...
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Hi All,
I joined BP Forums about a year ago, but haven't posted much information about myself and my goals.
I do, however, read these forum posts a LOT while at work (every day ha!) and actively setting up my goals ...