Hey folks,I believe this will be my first post on BP. If you care to do so, I'd like you all to analyze a deal I am negotiating currently, because I'm on the fence about it. This is a triplex in relatively good shape....
Hi All,I own a 2 family (4 bed 2 bath; 2 bed 1 bath for each unit) Brings in $4800/month. 1560/month cash flowDeciding whether to build up and underpin the basement to make each unit have an additional 2 beds and 1 ba...
Hello Everyone.! I have been keeping in contact with a motivated seller for over a year now. They own a vacant single family as well as a newly renovated 2-unit. They are elderly and the husband does have health issue...
Hello,I'm looking for people to analyze and comment on this deal. To provide context, this will be my first investment property in general and I'll be managing it. I happen to know the owner (family friend) and is mot...
I am closing on my first property in January. It is a duplex with a current tenant in one half. The problem is that their bathroom is in desperate need of a redo and is actually under code violations by the local bo...
Hey guys, I am new to BP & just wanted to hop on here to get an insight on what people would consider their more successful properties. Are they Short-term rentals, Duplexes, Condos/Apartments etc.? I just recentl...
It seems easy to park money in a checking account for property reserves, but that feels inefficient.Where do you keep your rental property reserves?
Looking to get any feedback on my first duplex deal. It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. Purchase - $259,900, 25% down (roughly $65,000), 4.375% ra...
Hello guys, my name is David from Centre County, PA. We recently purchase a few property through the upset tax sale in Dauphin and York County at end of September. My question is, since we had not receive the taxclaim...
I'll set the stage. I'm living in a home, that I've gradually renovated to some degree, initially for the purpose of establishing a rental unit. It's a townhouse in North Charlotte, NC near UNC close to rail system. I...