We are looking at pricing our first rental around 2200 to 2500. Our mortgage is a little under 2k a month. Considering a property manager and they want to take around 70% of the first month rent plus 7% a month ongo...
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2 Multi-family's recently have come on the market that I am looking into. My main consideration is a 4plex for under 400k. 3/4 units are 2 bed/1 bath, with the other unit being 1/1. Taxes are high in this town, around...
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Please tell me what you think about the validity of my deal. I just calculated the cap rate for a property I'm going to develop within the next year: 20%Here are the numbers:$40,000 to build$30,000 for the land2 Units...
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Hey BP -
I just went under contract for my 3rd large duplex in Utah, this one for 378,000. I have a choice in my financing: to do a 7/1 ARM or a conventional 30 year. My other 2 properties are on 30 year fixed. I hav...
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I tried to complete my first flip. However, the market did not cooperate so I went to plan B which is BRRRR stategy. As part of the flip I got the first two steps completed; the B(uy) and R(ehab),. Since the market...
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I'm looking for a referral for a lender in the KCMO area for a multifamily purchase. Please let me know. Thanks!
Jeff Hamlin
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I have been buying and rehabbing properties for a few years now. My first was a BRRR. It went well. My second was a flip it did ok but didn't like the added stress of having to deal with agents, the buyers, inspe...
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I am a newbie. I am wanting some pointers on how to begin flipping homes.
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So I have been analyzing an opportunity to purchase a property with 33 units. After doing the Preliminary evaluation of expenses and revenue we come to the conclusion of what we believe the property is worth on paper....
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Hi all-Would love to hear any and all advice regarding this duplex (potential) buy and hold or deal BRRR located in the Northern Connecticut area north of Hartford:Still not sure of roof, plumbing, electrical conditio...