Mr Good
How am I doing?Bought a fixer, fixed her, found first tenant
Hello, I love this forum and the sage advice. I'll try to be short and to the point.
Purchased for $310k, 3400 sq ft beautiful brick home with separate entry/laundry/kitchens. It was a bank REO. Upper level has wo...
Sean Brennan
How much per hour does the average fix and flipper make?
Maybe you guys don't think like this... but when I do an appraisal I get paid a fee no matter how many hours I work; but, I keep track of my hours so I can calculate $/hr so I know what types of jobs I should focus my...
Ankan Basak
First bad experience as landlor
So here is my story, my first bad experience as a landlord.Bought a duplex, moved in to the 2nd unit, did a lot of upgrade in the house to rent out the 1st unit to a family. After few months, I moved out and rented th...
Alex Khojainov
Need Advice - Hard Money Lender for 1st property - 4plex
Hi BP, thanks for clicking on this thread, hopefully I can get some advice on this deal.
I found a nice 4-plex in a C+/B- area in Washington DC that is being gentrified. 1BR 1 BA in each unit, renovations have begun...
Luke Anderson
Provide free internet to tenants?
I have a 3 unit multifamily in the Hamilton area of Baltimore. The area has a very blended mix of residents. I have been thinking about putting security cameras around the property (common laundry area, and around the...
Robert Ferrell
Why should a seller offer financing with no money down?
Being a new investor with absolutely no money in my bank account, I am very interested in the prospect of Seller Financing. I have read that it is usally much much easier to work out a financing deal with a property o...
Rich Hupper
Confused about the BRRRR method
I have 250k cash I can use towards a multi family purchase as gift money. Most of the 3 unit multi families I am interested in are 400k. being very conservative monthly rents would total 3300. Lets say I can get someo...
Brian Scott
PMI cancelation question
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.
We have a PMI payment of ab...
Jonathan West
Columbus OH 40-unit turnaround: opinions needed
Hello BiggerPockets community. Thanks in advance for your time.I’m looking for some expert advice as my wife and I navigate the turnaround of a 20-duplex (40 door) Class C Columbus neighborhood. We’ve been strugglin...
Stacey C.
First REI Deal Alert
Hello BP! Today my offer was accepted for a quad. It’s my first REI deal! All units are tenant occupied and the rents cover my estimated mortgage and maintenance fees and that‘s with me living there rent free! I’m sup...