Hi, any advice would be much appreciated!!!I am looking at a multi family (3 unit) deal in East Flatbush, Brooklyn NY - Based on my research with brokers, I believe i can get the property to an NOI of 35k. 1- Based on...
We currently own 6 rentals in the Denver Metro area (condos/townhouses). These units were all purchased prior to 2008 and do well. We want to increase our cash flows with more units, however do not feel confident buyi...
Happy Friday night BP community! Very happy to have found the site and definitely appreciate everyone's free advice and experience!My name is Kyle Mastio. I'm a 28 year old IT manager for a large financial services...
I have a private loan from a family member for a REO property I purchased 6 years ago as an owner-occupant. The loan is for $120k with 3% interest only payments each month. The loan terms call for me to re-pay the $...
I recently bought two foreclosures from the USDA. They are nice little houses that I paid $7,250 and $10,200 for in rural communities of Missouri roughly an hour from Poplar Bluff, Missouri, Jonesboro, Arkansas, and M...
Hi everyone, I am a year out of college and eager to get more involved in the real estate industry. I have been working with a platform management company for about a year now and want to expand my horizons and learn ...
When it comes to building your own models how do you underwrite value add rent increases ie: bringing rents up to market at lease renewal/ bringing down units onlineIt can be done manually when investing on a small sc...
My husband and I just made our first property purchase. We are buying in Alabama and live in California.We are going to postpone getting an LLC until we get a few more properties. Being out of state a lot of the insur...
I have a condo that is up for lease renewal. I am trying to figure out if i should raise the rent or not. i believe rent for my market is very competitive already but the changing variable is My HOA dues just went up ...
Hello BP members, My wife and I just purchased our first investment property. Both of us have 9-5 jobs. Here are my questions1. Shall we hire a management company to manage our property to free us some time to learn a...