I finally received my first contract to wholesale! I noticed that there is no insulation in the exterior walls and since the drywall mostly needs replaced anyway, I was wondering what to estimate for that budget? I am...
I just got a 26 Unit property under contract with and 8% cap rate and an upside potential to create a 11cap, there is also the opportunity to put another similar building on this parcel. I am looking for advice on how...
Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...
Hi everyone, I’m a newbie; trying to work on my first property with a buy & hold strategy, looking for a 3 unit multi-family, I’ve been doing my homework on FHA loans. I already have a preapproval from The Federal...
Help me see something I might be overlooking :). The complex...
•Has 14 units (10-2br1ba, 4-3br1ba)
•100%occupancy (good rental history - not less than 90% in past 5 yrs.)
•$8995yr Taxes
• $8000yr Ins
Total Year...
Hello Bigger Pockets community!I'm working my first BRRRR deal. The property is going on market soon with an asking price of $220K. I estimate a rehab of $40K (very conservative). The ARV conservatively would be $270K...
My husband and I are in the process of buying our first home, a duplex that we are planning on house hacking. We are nearing our deadline for our inspection contingency and are feeling uneasy about potential rehab cos...
Should I hire a property management for one property?
Hey everyone, I wanted to see what potential blind spots I may have in my short term rental deal. This is my first property every so be easy.
Back story I bought some land at the end of 2020 within eye sight of a lak...
I'm curious if anyone has developed any controls for when they might be forcing a deal that they shouldn't. I know the calculators and info is all here to make safe decisions, but there are also personal goals and sit...