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I was just curious which strategy is better for a newbie going through the wholesale process or buy and hold on your own ?
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Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...
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I have an empty unit in my triplex.
We bought for $385k highly distressed/ underperforming 2015
Put in $25k initially and $50k over three years
Now it's operating with $61k GSI
Based on the NOI of area 4.25 ca...
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I've owned rental properties in the past, but this is an interesting one. I'm looking to see if anyone can give me some info on how to go about pricing an offer on this off market property. The owner is uncertain what...
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Team,I'm looking at an 8plex currently in Minneapolis... 4 x 2-beds, 4 x 1 beds... Below are some #'s. For a downpayment of $100,000, is this property worth it? It is in a very nice area, 3 blocks from where I owner-o...
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Location - AAppraisal -$220kDuplex house is owned 50/50 by 2 people. The verbal offer is currently $90k to 1 owner for their side, which will be vacant, and then $40k offer to the other sides owner with a rent free, t...
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Just to give a little context, I am a 32 year old electrician and have been around construction all my life. Around 28 I had an early mid-life crisis. I had a realization of how much rent I had paid over 4 years at my...
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I have found an REO that is selling for under $1000, is appraised by the county for around $19,000. The property is said to be unusable because of flood damage. I'm wondering if this is something I should pursue. I'm ...
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In the works of pulling equity from my primary home, but I do not have any contacts on that. Not looking to refinance it. I am looking to buy an investment property with it, and any advice/guidance would be greatly ap...
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Hello BP community! I am looking for a multifamily rental property in the NW suburbs of Chicago (Oak Park, Forest Park, etc). I live in CA, but my wife grew up in the area and we have family and friends that still l...