Hi everyone,
I have a friend who is considering purchasing a duplex in Dallas TX. He refuses to budget for vacancy and capex. I'm trying to convince him to be more conservative but am having a hard time since I reall...
This is the time to double and triple-check your calculations because even a single mistake can be financially devastating. I’ve seen many people jump into a deal without the proper knowledge or experience and end up ...
Hi fellow BP family! Need some opinions on my first wholesale deal that I am about to complete tomorrow. I have the property under contract at $848,000. The property is currently at 982 sq feet however has an 288 sq...
If you have read any of my posts on Bigger Pockets, you would know that I am 100% buy and hold. However, I had decided to try my hand at a flip property and although there was a bit of a rocky start and a few mis...
Finally found something promising in one of my research markets. 40 unit mix with 9 buildings. Current owner has owned it for 10+ years but has pulled cash out of the property. Has two mortgages on it about $95k annu...
Location: Jersey City, NJProperty Type: Fourplex gut renovation, financed with a 203k loanPurchase price: $999,000Renovation amount: $460,000ARV: $1,500,000Projected rental income: $10k/moAnnual income: $120,000Net Op...
There is a duplex just up the road from me for sale from the NH Housing Finance Authority. It needs approx $40k in repairs - mostly external - and there are bids on it in the 50s and 60s. I can potentially get a comme...
Hi GuysThis is one of my recent deals/flips in Detroit in the Berg-Lasher subdivisionThis was a distressed purchase, 3 bedroom ranch home.Rehab includes new roof, flooring, external brick cladding, 4th bed addition,...
BP,I currently have 4 duplexes, probably C properties. This was my first deal and I probably over-payed and took on properties that needed more work than I could have anticipated but I made sure the rents/sale price ...
Hello - I'm looking to buy my first multifamily rental in the spring/summer of 2015. I live in Boston but grew up in Midcoast Maine and am interested in investing there because I'm familiar with the area, I think I c...