Biggerpockets opened a door through podcast, books etc,about three months ago for 2 friends, we are over the road owner operators (truck drivers) to start a discussion of change and family!Friday we closed on a duplex...
As some of you may have seen in the deal analysis section, I recently purchased a multi-family property in Chicago. Unfortunately, there is a foreclosed home next to mine, which (I think) is owned by Pennymac. It is...
Hi everyone, It's been a while since I've posted on here, but due to COVID, I've had to rethink my life/investment strategy. I have now transitioned to a full time real estate agent sooner than I had planned, and I'm ...
Hey there. I'd love to get some feedback from the group. I'm looking for ways to re position my current properties or cash/equity into MFU or ??? I'd like to get on the fast(er) track to get my cash-flow to cover my...
There are certainly legitimate reasons to sit out the current multifamily market:1. Economic uncertainty with the possibility of recession2. Increasing interest rates3. Negative leverage due to cap rates lower the deb...
Need some help, ideas, and creative inputs on a 2 property combo possibility.Looking at 2 duplexes for sale by one owner in CA. Both duplexes are corner lots and its backyard are facing each other. Although seller wil...
Hello, I have a few properties I have been keeping my eye on all winter so far. Being I’m looking to purchase my first real estate property (2 flat), near Brookfield IL., come this spring, can I expect to see the few ...
Is it better to wait for an overpriced house to sit before offering a lower price or is it better to make a quick offer even if it is 20% under ask? I am looking at a duplex priced at $130k. I got a first look right b...
Hey guys, I have a hang-up on my latest deal...3 Bedroom 1 Bath 1400 Square FT (Located in a small town)Was a "fixer-upper" that is nearing completion (all labor expense was mine)The "Net Cashflow" seems low to me and...
Hello all,I'm brand new to this forum. I'm working overseas hopefully for a year. I started work in early March 2020. I own a 2 bedroom, 1 bath house in a small city in the Idaho panhandle. It's my personal home, and ...