Newish investor. I'm in an area of small New England towns, with a few small city areas steadily attracting young professionals and becoming trendy. I'm looking at a three-family on a leafy street with with 80% fina...
Hey BP! I found a 19 unit (multiple houses, mobiles, and duplex's on some land) that is for sale. I'm hoping to just get my numbers double checked and to see if it would be worth moving forward on this deal. Any criti...
What is the market cap rate for 5-10 or so unit properties in Portland right now? Specifically SE Portland.
Thank you.
That's what the broker told me!
Really? I replied. Yesss! He responds. The whisper started at 6mil, offer settled @ 6.3.
Well, congratulations. What's your level of certainty it will close.
I'm pretty confident!...
All of our current rentals are single family homes. We want to branch out to multi-family. There aren't many available for sale or recently sold to do the same kind of comp analysis that we've done for single family h...
Morning BP!Came across a lead for a 9 unit building FSBO. What I do know: asking price is $300K, units rent for $300 a week, owner owns free and clear, per owner building on needs cosmetic repair, units are walking di...
Hello BP,What cap rates are you guys/gals seeing in your California areas these days?
Hi BP Friends,I wanted to share pics of my last flip. It was a 2/2 HUD (total pain to deal with) foreclosure in SE Cape Coral that I picked up for $82K. It had sat empty for several years and was totally trashed. Th...
Hello BP Mates,
My late grandmother left us beneficiaries an amazing property on the coast of Cape Cod. We need to make the decision to keep it or sell it. I want to create a business plan to present to the others on...
I'm just getting started. Buying my first duplex this month. Yes, I'm very excited. My business model includes buy, rehab, and then either sell or hold. In general, bigger and more expensive properties will go on ...