Hi All,My partner and I are working to put a 9-plex under contract for $285k with a $1k escalation clause. We have not gotten it under contract yet but we should have a decision by Monday. The property is essentially ...
A legal / tree-related question:
What is the correct/common practice (in California) with regards to maintaining and cleaning up debris from trees?
Context: I am the property manager of a mobile home community. Ther...
If I found a multi family deal from a fb group, how do I go about looking for partners for the deal? I don’t really know a lot of people who do real estate investing, let alone out of state multi family deals. Any hel...
Hi, I’m a new investor trying to start brrr’ing my first property. Problem is, I don’t have it yet; my parents do. They bought a house and fixed it up but decided renting isn’t for them. I told them I would buy it fro...
WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
I think the BRRRR report is a good place to start, but it is missing A LOT of the important metrics the pros (like @Brandonturner ) use to define successful deals. So I find it really lacking for what it portends to d...
Investment Info:
Single-family residence buy & hold investment in Pasco.
Purchase price: $255,000
Cash invested: $6,500
My wife and I just recently purchased this home (closing in a matter of day...
Happy Friday everyone!I own a duplex in a historic district in Rochester NY. My house has beautiful detailed original dark wood trim (house built 1894). I believe that renters prefer brighter spaces. I want to paint a...
Hey BP community - There's a property I'm very interested in which the Seller is looking to do a rent-back situation up to 6 months following closing. Once vacant, the house will need at minimum, duct replacement, re...
I inherited a duplex in Portage, IN from my father. He's had the rental property for about 30 years and does not have any home or equity mortgages, or mics. loans on the property and is free an clear. Unfortunately, i...