Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 1 day ago on . Most recent reply

User Stats

3
Posts
4
Votes
Navae Dailey
  • New to Real Estate
  • Roseville
4
Votes |
3
Posts

I am only 17 analyzing these kinds of deals.

Navae Dailey
  • New to Real Estate
  • Roseville
Posted

Investment Info:

Small multi-family (2-4 units) other investment in Trenton.

Purchase price: $495,000

Great little duplex in prime Royer Park area of Roseville. Easy to own and operate with very excellent tenants.

What made you interested in investing in this type of deal?

It has positive Cash flow. However, value could be forced up through BRRRR.

How did you find this deal and how did you negotiate it?

I haven't negotiated it yet. I'm looking for investors or people to work with.

How did you add value to the deal?

I recommend BRRRR

What was the outcome?

Improved cashflow. I estimate rehab costs should be anywhere from $10k-15k for a conservative number assuming tenants are responsible like the description lists, and light fixes such as paint, or add-ons to the kitchen to facilitate more returns. This property has value. With this method, the DSCR could go up, as well as the COCROI. Currently is only 2.6% so buying and holding doesn't work either.

  • Navae Dailey
  • Loading replies...