Hello BP, fellow investor located in LA looking for good multi family deals. I have a question. Can't one look at average cap rates across the country and make a pretty good decision on where they should invest? Cap ...
Hi,I realize that I cannot exchange investment property for a Personal Residence.I was told that I can do a 1031 exchange for a rental or business property.For instance: What if I purchase a "Bed and Breakfast" or cam...
Hey folks - I recently got a question as to whether having an STR manager is worth it or not. There's a lot of chatter, so let's break down what Cohosts/STR managers really do and if working with one makes sense for y...
I purchased a house with .33 acres in WA state, after carefully measuring it seems I only have .27. Apparently the neighbor to the back and side of me has been using my land(he built a little road for his truck and bu...
Looked at a property for a potential BRRRR. Price is 170k with ARV at 240k. only thing here that is really concerning is the block basement. Looks like this might be an issue or might be a simple fix. Also I've he...
Hey guys, I recently purchased a distressed single family home for 5000. My initial intent was to sell the property to another investor to increase my capital and invest that into other projects, but I have changed my...
A friend is about to enter escrow as the seller in a business&commercial property sale. The buyer has already submitted the earnest money and signed the escrow documents. The seller is in the process of reviewing ...
Hi Everyone,My wife and I are looking to relocate (from Princeton Jct, NJ) to ease her commute. Her office is 2 blocks from Grand Central. We only recently moved our target to househacking a 2-4 family (initially we...
I'm looking at a small apartment complex where based on my numbers the cap rate could be around 25% and the COC over 70%. Rents are around $450. It's also mostly renovated, just needs 10k - 12k left according to the s...