Below are my numbers and a link to my budget sheet on the DIY flip that I just sold here in Denver, I hope this is helpful! The project took me 5 months, and I acted as the GC, agent, and drywall enthusiast. I hired s...

Dear BP,I am looking to purchase my first home via FHA, its a quadplex that will cashflow $600 month after all expenses and 5% Capex, 5% repair, 10% Property management, and 5% vacancy.The home is in a C class neighbo...

First post – wooohooo! Hello all. I have been in the multifamily business for quite some time now, but never as an investor. I work for a large multifamily lender, and I’m on the asset management side of the house....

We are looking at investing in the Navarre, FL area in short-term and long-term rentals with single family homes.  Likely looking at 3/2 type homes.We are drawn to the area because of it's proximity to the beach and r...

I went into a deal with someone we'll call Rob. The deal was simple: Rob purchases the house, and I pay for all work that needs to be done. The house was purchased for about $150,000. The house needed what I would con...

Raleigh, 27601, homes sold within a 5 mile radius and in the past 90 days averaged 276k but I'm using 175k. It's a SFH, 2000 sq feet, interior completely gutted, no floors, just studs, exterior is good, quoted 50k in...

Hi all,

Just wanted to share my joy. Bought the house (3/2.5) for 85k. House needed some work, especially new windows throughout. Spent about 20k on the property and sold for 134k. I've bought homes before but th...

Well, I'm looking at a 24-unit deal, and I'd like to get some feedback from BP'ers, as I've never bitten off anything even close to this and my anxiety is up there a bit.
* Pretty decent area, C++ to B- property, full...

Can someone tell me what I would be buying if I won this auction? What does nonperforming mean besides the obvious? Thank you in advance!

Linda

Auction.com presents the opportunity for an investor to acquire a non-p...

I have a older triplex built in the 1960's with no ground bar, only a neutral bar. I would like to add a new 20amp breaker and run new wires, what can I do about the ground wire? I'm installing an AC, so I would like...