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I attended a Dan Merrill seminar and at the end of seminar they were pushing the rehab analyzer software https://rehabvaluator.com/. I currently purchased a 3 flat rehab project and hired a General Contractor to do ev...
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Hello,We recently had our first tenant move in after Labor Day weekend! Earlier this week, she asked about adding two occupants to her lease. Currently as is, there are five people (one adult and four kids/teens) livi...
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I was influenced by the many posts on whether an investor benefits from getting a brokers license and recently completed the classes and state/national exams. I need to mention there are no sales licenses in Colorado,...
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So. Trying to get started. But it seems like life is just tossing one obstacle after another in my way. Yesterday evening I was informed that I no longer have a job. I think the actual reason behind it has to do with ...
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Hello, I am trying to understand whether or not it's possible the use funds from a 401K and/or Roth IRA to invest in a local multifamily unit? If yes, how does it work, and what are the key considerations in deciding...
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I responded to a recent blog post from a mortgage broker urging his clients to lock rates in now. This is a common refrain from brokers that don't want clients to wait for rates to possibly decrease. Rates could obv...
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Hello Fellow BP'ers!My wife and I have been negotiating with the owner of an 8-unit multi family and 2 SFH's in Missouri. Asking price for all is $299,900. At the moment, my wife and I are in the midst of closing on...
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Hello everyone,Just curious as to how some of you evaluate the markets and submarkets you are thinking about getting into? thank you in advance for your help
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $75,000
Sale price: $124,000
Single family house that had a tenant months prior to my pu...
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Hello, I live in northern Michigan where rentals are in high demand (not many apartment complexes). I currently own one rental that is cash flowing about $200/month and am in the process of closing on another. Our loa...