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Hi. I'm having serious problems and need help. I've got a few properties out of state which are being operated by a management company. Here are some of the problems:
1 - My contract with the manager states that t...
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I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
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Hey BP family - I am very new to RE Investing. I decided to make RE Investment a focus a year ago, and as of four weeks ago, my wife and I have picked up five properties. Below I tried to give a brief overview of my c...
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We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
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A friend told me had his rental covered with a home warranty. Is this worth it? I wonder how responsive they would be.
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While out riding around the neighborhood I wanted to invest in I ran into an open house and met with the agent. The house was overpriced (she even said it that day) I decided to try and network, she was nice enough to...
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I'm curious. Are people in this group early risers (a.k.a. before let's say 630am) or more night owls for hustling multifamily investments?Me personally, I have been implementing better habits in the morning so that I...
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Hello BP,I'm sure there are many people out there on BiggerPockets with analysis by paralysis. With all of these podcasts, articles, books, and other sources of information, it can become a nightmare to focus on one t...
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I have a property that I have an acquisition and rehab loan that I am looking to finance out of and remove the lender. My initial ARV was in the $70k-$80k range which is acceptable to my previous lenders, and a 3rd pa...
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Hello BP - I’m finally confident enough to take action. I’ve decided what markets to target, my property criteria (40+ units, etc), and want to start analyzing and looking for deals in those markets. I have a list of ...