Michael Foleu
Should I walk through every property before making an offer?
I am looking for my first investment property to purchase. I would ideally like to find a property to BRRR, but prices right now are making it hard to find a deal that leaves enough room to afford repairs. Because of...
Danny Jimenez
How to choose WHERE to invest in?
Hello BP,I am from California and looking to take advantage of the higher wages here in LA to invest in out of state properties.The problem I'm having is how to decide WHERE that will be done?How did some of you decid...
Michael Taylor
Repair cost for Loan is too expensive.
Purchasing 5 unit for $260K in Chicago on the southside. The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage. I was disappointed that the int...
Steven Kelts
Newark - Ironbound Rental Strategy - thoughts?
Hello All. We are closing on a multi-family in Newark NJ next week, the property is a four minute walk to Penn Station and has great rental potential. The home is dated in style and has not been renovated since the ...
Sam Collins
Advice on a multi family duplex
Looking to get some advice from everyone. I am currently looking at this duplex built in 2014.1,765 per unit Each unit is 3 bed 2.5 bath. Mirror image of each other. Sellers asking price: $330,000Annual propert tax: $...
Reggie Rearden
Who is responsible for keeping a French drain clear
I have a sfh that has a French drain in the front of the house. They called this morning and said the basement was wet. I just left and seen that one said of the drain is completely buried where it’s supposed to dump ...
Michael Vu
Basement Foundation Crack in Potential Deal
I just got back from looking at a potential duplex property. Overall, the property looked solid with minimal repairs in the living spaces. However, in the basement, there is a few horizontal cracks in the wall. The ba...
Zach Hoereth
BRRRR by accident in last semester of college?
If I could solely rely on compensation for each time a new investor approached me about doing a BRRRR I could stop selling real estate. Hopefully this sheds some light on running a BRRRR full cycle. ;) Overview: Initi...
Adam Cowperthwait
2 Unit Single Family -> 3 Unit Single Family + Garage
Hi All, I just purchased 965 Vrain St. in Denver Colorado: https://www.zillow.com/homedetails/965-Vrain-St-Denver-CO-80204/13337826_zpid/?mmlb=g,0It has a basement unit which pretty much mirrors the floor plan upstair...
Jeremy Hale
Is this line of thinking correct in house-flipping?
I'm really trying to get into the house-flipping business. I'm not sure I can at the moment as I only have about 50k cash (soon to be ~130k, but I don't want to be gambling away inheritance). I'm just playing with the...