Robert Love
House Hacking and Roommate Questions
Hello, BP friends,I am new to real estate investing, and I am going to house hack a 4/2. I am looking for 2 roommates. I am also looking for additional roommates for a 4/3 home that I own. Currently, one person is ...
Joseph Fenner
How much should I spend on renovations on average?
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...
Tyron McDaniel
No one builds small multi family anymore, 6,8 & 12 units etc...
I am sure there is a something I am missing but it seems to me that no builders are constructing small multi family anymore! Here in Houston there are HUGE apartments going up everywhere but they are all Class A and o...
Steve Steve
New investor in Iowa & Illinois. (travel nurse). want help house hacking or AirBNB
Hello, I am completely new to investing money on a scale such as this. I would very much like to start investing and house hacking. I do not currently own any homes, but I am trying to come up with a strategy to inves...
Brian Windle
Investing in Augusta, Georgia
Hi there,So I am still looking for my first deal in Georgia. I would like to purchase a rental property. I have only a 25K HELOC so my options are pretty limited. I keep seeing alot of cheap and decent looking homes i...
Bobby Hughes
Need advice on Flip
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
Kelly Farmer
Ohio Cashflow and Oz Realty Review
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
Account Closed
Negative CoC ROI and Negative Cash Flow
Planning on living in a duplex where we would have a negative CoC ROI and a negative cash flow for the first year. Only planning on living there for one year because of the FHA rules. From there, I estimate we would b...
Lissa Harre
Advice on living in basement and renting main areas
I own a 5 bedroom 3&1/2 bath house with a finished basement. I’m hoping to live in the basement and rent out the top 2 floors. How should I split utilities, HOA, ect?Can I limit the rental to not include the backy...
Phil James
Need some advice...thinking about letting my property go to foreclosure.
I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...