About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
hello everyone,I am just starting out in Austin, Tx and I have been running the numbers on all the properties I can find here in Austin for the past couple of months. I am searching for a multiplex to house hack howev...
Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
Hello! Thought I would take some time and start a deal diary on my Third Flip. Flip #1 was a success at 19k profit, flip #2 broke even (depressed about that but I'll get around to writing about it someday), and here w...
Hey BP,This is my first post I'm from Philadelphia P.A. There was a recent death of my neighbor. The cousin of the deceased has no interest in the property and wants to sell the property to me for $1. The problem is t...
I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
http://www.wsj.com/articles/rent-to-own-homes-make...Buy a property and do a lease purchase. Simple.
I’m currently building a pool cabin in Gatlinburg and I’m interested in some opinions regarding indoor pool flooring options. I will be pouring the pool floor next week and I had originally considered stamped concret...