There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
Recently, I came across a website which advertises a turn key investment in Little Rock AK. The company is called Memphis Invest and they claim to do everything for you with a + cash flow and manage your property. ? -...
In the next month, I am closing on a SFH in Narragansett, RI. I have previously sold properties in this town, but have not found an ideal summer/beach rental and student rental until this deal presented itself. My a...
Well its supposed to get up to 100 degrees today. Decided to move
and store our Bollards that were delivered yesterday. 7 foot long, 6
inches diameter, oil drill stem, $40 each. The ones below are for a
future...
Me and my two buddies just jumped into real estate investment and are thinking of trying out a house hacking strategy. We all have regular W2 jobs, and we'd love some tips on how to make the most of it. Any advice wou...
Hey all,Just a brief history, I purchased a 2 bed condo in Toronto, 10 mins from downtown, nice growing area back in 2013. It closes in 1-2 mths but I want to try and reassign and dump the unit. I've had it on the m...
Hi all-How do you decide how many rooms is too many rooms?For example, let's say your market has 50% 3bd, 20% 4bd, and 10% 5bd demand.Does this merit purchasing a 4bd property over a 3bd?Higher ADRsBooked calendars (4...
About the house:2 Bed/2 Bath, 1088 sqft. The owner inherited from his father that passed, who had a reverse mortgage and the company now wants their money back in full or they are going to foreclose within a few weeks...
Good morning BP members. I am actively seeking to make connections with those who have successfully transitioned from active ownership to more passive real estate investing. I have been on an information bender as I ...
When buying a multifamily with a du diligence period, what is your list of things you are looking for, verifying, double checking and other?Getting close to making an offer, the selling agent said owner wants to know ...