I have a For Sale By Owner house under contract. The closing deadline is February 29th, which is this Monday. I received a text this morning saying: "After a lot of thought and discussion the past few days, my husban...
I'm gong to be renting out my very first unit soon (house hacking a duplex) and I am already thinking about how I will manage the tenant. I have heard from experienced landlords that it is often better to NOT let the ...
I think that multifamily (2-4 units) is one of the best types of properties to invest in especially when first getting started change my mind.
We closed on a single family flip this past Tuesday (June 23rd). We will be posting the progress of this flip here on BP. Here is a breakdown of some of the key numbers.Purchase Price: 85kRehab amount: 31kBeds/Bath:...
Hello BP community!
I absolutely love reading and learning about realestate. Last, 2-3 years it’s the only thing I read. Every book and podcast has been checked off.
I am finally ready to dive into it, slowly…
I be...
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Hey BP!After all expenses are subtracted, what's it the minimum cash flow you shoot for on a single family home?
I have a two-year goal to buy a commercial property with 30 or more units...I am int the early stages of planning now and could use some wisdom from those of you that have done this before.
I am sure some of the landlords who are working with property management companies have experienced this before; just trying to get a feel if my expectations are different than others. One thing for sure, everyone wil...