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Let's start with the good news. First, this is my first post on BiggerPockets, even though I've been an avid reader and podcast listener for more than a year. Second, my partner and I recently purchased our first rent...
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Fellow investors, I have duplex which has an apartment on the top floor that is in pretty bad shape. It is rented but the rent is well below market rent because of the overall condition. They pay $900 monthly and t...
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I read a lot of posts on BP recommending investing in notes with your retirement funds. I see double digit returns (10-15%) being quoted as common for note investments done correctly. But when I do some simple math...
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HelloI have a guy who wants to sell his 3 family. No mortgage and it is worth roughly 800k. I have a 100k I can use for the purchase. I am trying to show him the benefits of an installment sale however I have never do...
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Hi All!I have an unfortunate situation going on at my duplex. I have a tenants who signed a month to month lease in March. Since then the police have been to the residence three times and the neighbors have repeated ...
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I need to sign up for "pro" so I can share the numbers, but I'll give a cliffs notes version here until I do. I'm bummed. I planned my afternoon around seeing this property, saw the value numbers-wise, but my wife bro...
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Contract question for offer contract in Arkansas. So I do not particularly specialize in properties in Arkansas even though I used to have some properties there. I have one property left that I have on the market. So ...
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I've been looking at investment properties, either retail or multifamily 5+.
Banks I've talked to saying 20-35% down payment in general for multi unit.
Someone told me 50% for retail commercial properties.
I said he's...
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I bought a unique 90 year old property in the East Capitol Hill/H Street area in Washington DC in 2013 for $710,000 for my primary residence. It has a basement that can be rented out, so that income was perfect for su...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kettering.
Purchase price: $220,000
Cash invested: $70,000
Kettering 4plex fully occupied at purchase (turnover since then...