I need some advice estimating rehab cost!
I'm buying a duplex in an area that has appreciated quickly over the past 5 years. I had initially anticipated making repairs to the house then holding it as a rental, but am...
Ok first off I would like to say that I am not a land dividing professional nor do I claim to be, I am simply posting what I have learned on my own and done myself. For all of you who try this please make sure to due ...
Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
I’ve read a couple threads on commision didn’t really find out an answer for the question above. If there is a discussion already going please lead me to the right direction. First off let me say my experience is mi...
Hi BP members!I am very grateful that I have found this site; during the last six months, I have been educating myself listening to the Podscast (at least two a day), I´ve been reading your blogs, discussions, and the...
Hi BP,I've come to you with a few questions about some scenarios I had in my mind. @Joel Florek helped me hone in on what exactly I need to do (thanks, Joel!). I come here in hopes of getting more opinions on if I hav...
I know this is a controversial subject, however, this has been my experience in USA.I am a foreign investor that has been playing in US since 2011 in 2 different markets and its clear to me that property management se...
I made an offer today on a property that’s been sitting for some time now. The seller’s realtor made a counter offer and I accepted. My realtor was about to send the contract with the amended price that I agreed to wh...