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I'm looking at a multifamily building: about 100 years old, 6 units plus 2 long-term businesses, 4 of the units recently renovated, ~$700K to buy, $92K potential income. The proforma shows $1,200/yr maintenance (along...
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Looking for advice and expertise! We are getting ready to start the rehab process on an investment property that we plan to use as a Section 8 eligible rental. Our dilemma is this : The house is 53 years old (1971 bui...
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To all the intelligent investors here, what are some of the worst mistakes you made and what would be your recommendations for a new multi-family investor to avoid those mistakes.
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It is with great excitement that I am writing this post. I am going through closing on my first home! It seems like a dream because I have been researching for so long and I never knew when the right property would co...
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I am writing to share my experience in the event that it is helpful to someone else.I am purchasing my first house (a duplex) in the city of Buffalo, New York via the FHA loan, and I had initially used Bank of America...
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Hello,
I just made an offer on an SFH in Cleveland Heights and currently trying to rent out an SFH in Parma. The Parma house has been vacant for one month. My realtor was mentioning that renting places after Thanksg...
Hello BP friends,
Recently I have been evaluating two short-term rental property options, and am struggling to decide which one is better. Both of them have 6B/6B and could host ~20 people.
Option 1:
* Less than 10...
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Hi BP community! Looooooong time lurker finally at the point in life where my wife and I are going to jump into our first deal. I thought this was going to happen 4 years ago but better now than never. Since my last p...
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Hi! My husband and I are looking to invest in property to both flip to sell and flip to keep for renting. We are SO NEW and still learning so much, but we’re struggling on deciding WHERE to begin. We are looking to in...
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Hello,I am currently located in the Denver, Colorado area, looking to start doing some fix and flips to generate some extra income and eventually transition to a full time real estate investor. One of the biggest limi...