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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $52,500
What made you interested in investing in this type of deal?
My wife and I were moving back to Michig...
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Hello BP, We purchased an early 80s multifamily complex w/ a ton of upside but a bad history. The surrounding neighborhoods are single family homes $400K and up, close to shopping, etc. We've asked the police to pick-...
Hey everyone! I really want to build an apartment complex from the ground up next to a college that doesn't have anywhere for students and young adults to live besides a basement in a old raged home. Before I go to th...
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My husband and I do not have any experience with construction but want to DIY the flooring through YouTube videos. We are rehabbing our first flip currently with hired contractors. Is that recommended?
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Hello! I am curious what your thoughts are on the cheapest prefab home you legally put on a property somewhere in Central Maryland or up in Frederick County where you could buy a piece of land for 50 to 75k then plop ...
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In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
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Hi BP Rehabbers!I have been looking through and trying to find the best vendors etc to find the best deals for my flips and just seeing an enormous amount of options not only local but remote. Any tips on sorting thro...
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When do you need to update electrical and plumbing on a flip?I am newer to the house flipping business, and a clear cut answer to this question has been evading me. For example, I am looking at a property built in 195...
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Hi, just went in escrow for my first flip. I’ll work with small teams by area as opposed to one GC. Should I ask the contractor quotes for floors, paint, landscape to include materials? Some are saying I should g...
I’m about to close on a multi family in west Humboldt park. 2 units with an unfinished basement (plan is to turn the basement into a unit)I’m on an FHA loan so I must live in one of the units for 1 year. But the thing...