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I see several turn key properties in the listings. Has there been success with these types of buys? Using the analysis tools many seem to work based in the numbers even using a small buffer for inputs. Just looking ...
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I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
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Hi Everyone! I just bought a property without an agent and the listing agent, even though he did not take the buyers agent commission, has been guiding me along this process to include drafting the formal offer contr...
I've never had a house built from scratch before. I have found a ton of articles with wildly different cost per square foot to build a home but zero detail on what the covers. I'm looking to build a home in Tennes...
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My tenants have been in the unit for 4 years and they're moving out soon. The walls were professionally freshly painted before they moved in and now they're thrashed. Every single inch (or it feels like that) of the w...
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I am looking at this property for our first flip in California. https://www.zillow.com/homedet...Single family residence Purchase price $450,000Renovation $80,000All in $530,000Selling price $630,000Closing costs $30,...
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Ok folks, this is my first post on BP. I love the site, the podcast, and forums and exchange of information. I have not yet purchased any investment property but have been considering a turnkey approach. Companies I a...
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Good Morning BP,
My agent and general contractor are walking an eight unit apartment building for me today. Initial review of the numbers looks great. My question is, at what point are you using cap rate to determine...
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Hi BP community! I am new to BP and am a new investor. I have been driving for dollars and spreading the word that I am in the market to buy in my home city of Tucson. After looking for off market leads, I developed a...
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I am looking at buying a tri-plex. The current rent is from 1998, can I raise the rent on one apartment at a time? All the apartments smell bad and are dirty. I will have to paint and replace carpets and I do not want...