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Hey Everyone!This is my first rental property (a triplex), which is in the state of PA. Before I send my attorney to create, I'm asking as many of you Real Estate Investor Veterans as possible to please read it over a...
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Attention Landlords and Property Managers
In my neck of the woods, we are having record setting extreme cold temperature that seem to keep lingering on and on. In the past, we are use to having a spike for ...
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Hi everyone! I was wondering, what is the oldest house you've flipped? It would be great to see before and after pictures as well if you have them!Ashley
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I've let myself get a bit emotionally involved in this one. Please talk me off the ledge!
I've run this through the calculator, and it says it's a negative cash flow deal financed under 15 years, pretty much...
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I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...
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Hey guys, My wife and I are under contract on a condo in Kihei that is vacation rental approved. It took a lot of research and contemplation before I was able to convince myself that paying a 30-40% premium for a cond...
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I am sure the answer is no but I have to ask. I am looking to purchase a triplex with a large commercial space, it has an overhead door and concrete floors. Great for a plumber, electrician, etc to have a shop. Anyway...
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I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.
The loan package consists of a 6 month IO const...
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Negative Cash Flow, 2 Family - Advice & Analysis
Introduction
The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...
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Hi everyone,
I’ve been a BP member for some time, where I’ve read many BP books, listened to most episodes of the podcasts, and established a relationship with a real estate agent who has taken me to a couple open ho...