Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...
Good morning BF. Been looking to get in the game for a little while now and ran across a potential investment by pure luck.Was originally looking at single family residential to start out with rentals.Commercial deal ...
Hey guys, Yesterday I put my first offer in on a beautifully remodeled flip. Everything from the electrical, plumbing, roof, interior and exterior was brand new. I’m in Milwaukee and it was located in West Milwaukee/S...
Hi Everyone!!
This post turned out to be longer than I intended, you’ve been warned :)
I joined BP a few months ago, but just recently started really diving into the site and can’t get enough.
A l...
Hello all--new to the real estate thing. My landlord is selling my duplex, which I currently rent one unit in. It's walking distance to a major university, walking distance to downtown, Whole Foods, Trader Joe's etc. ...
Last November I closed on an owner-occupied duplex in Provo, Utah for $280,000. We put 10% down with a Portfolio Loan from US Bank but since my wife is an agent, we got 3% right back. Seller paid closing costs which...
Everyone around seems to agree that recession's gonna come within 3 years with a high probability. If it's true, does it mean that it makes all the multifamily deals right now much worse than lets say 5 years ago? I s...
I live in Long Island, NY. This is an expensive area to get started up as a first time Real estate investor as most 2 families and up are in the $400k and up range. My other option is owning a property out of state...
Hi all, I'm looking at entering the Short Term Rental Market in Kissimmee / Davenport. I'm just looking for any advice/recommendations/sanity check.Is it a terrible idea to be looking at buying down there right now?I ...
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...