Im in escrow for a duplex in Montclair CA. Id be living in 1 and renting the other. I just had my inspection done on the property and its in need of a complete overhaul. From living room, kitchen, bathroom, plumbing, ...
I’m looking to move back to NYC after my military service is done this June, and I wanted to know some pros and cons of investing in a condo.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $174,900
Cash invested: $500
Sale price: $185,000
House Hacked before that was a term.
- I lived on one s...
Hi community, I have what might seem like a simple question. Let's suppose a person is willing to sell a property that needs significant repair, but he is willing to sell for cash only. What might be the reasons for t...
Hello BP,
My name is Accario Trotter and I live in Dallas, TX. I've made the decision to jump into the real estate business and have no experience what's so ever. To be honest I don't even know where to start. I wou...
I am closing tomorrow on a property with a fuel oil fired water heater from 1988. The heater is rusted at the bottom and is "on borrowed time" so I am looking to replace it with a natural gas heater. The heater is in ...
I'm under contract on one flip and am making an offer on a second. In the second home I'd like to open up the living room but it would require taking out a load bearing wall. It's a competitive market (multiple offers...
Hello BP community,I'm a newbie to the forum and getting back into multi-family investing after a long hiatus. The condo conversion concept is intriguing and not difficult to do here in Texas from a legal perspective....
I am currently looking at a 15 unit property with water being paid by the property owner. I have looked through the forums and have been unable to find a comprehensive discussion on water sub-metering costs and consid...
I have a property under contract for $160k. I estimate the rehabbed value to be at $300k+, as a fiveplex.The property is already divisioned as a fiveplex, and is in an area that is supposed to go through some major i...