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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
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

All Forum Posts by: Brent Stephens

Brent Stephens has started 1 posts and replied 1 times.

Post: New multifamily investor

Brent StephensPosted
  • Posts 1
  • Votes 0

Hello everyone!!! I am new to Bigger Pockets.  I live in Melbourne FL and am looking at a new build duplex.  It is around 600K (2 - 3/2 units) and monthly rent will be around 2200 per unit.  Area is growing and property seems to be appreciating.  It seems that it will cash flow monthly and appreciate but doesn't pass the 1 or 2% rule.  New to multifamily real estate investing and don't need immediate cash flow, but don't want to make a dumb decision.  Please help and share thoughts!!! Also, any general thoughts on Palm Bay/Melbourne FL area. thanks