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Hi all, I am brand new to REI and looking for my first rental property and could use some advice from those of you who have a lot of experience under your belt. I have found an older 6-plex, in decent shape, that ...
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Hello BP!
I would love to find a partner with experience/financing!
Highlights and my own thoughts/calculations right here:
Deal breakdown:18 Units: 1Br/1BaPurchase Price: $245,000 - Cash offers only
Need of full...
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I currently own 3 single family homes in Dallas Texas. My first purchase did not have the best cash flow (learning experience) and currently has an 18 month lease set to end in 2021. When I say not the best i am refer...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lakewood.
Purchase price: $285,000
Cash invested: $14,000
Owner-occupied house hack. Cash flow is pro-forma as if it were...
Hello, I purchased a washer/dryer and coinbox for my 3-unit property back in October. I was wondering if this is eligible as a business expense - or another type of qualifying deduction - so that I could finish up m...
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Hello Everyone,I was approved for 1.5 million loan with 25% down.Looking for multi-family or possibly a small multi-unit building withcap rate north of 7.5% in the Jersey City, NJ Do you think it’s a realistic goal? A...
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Hey BP! So I thought I would share about my 2nd flip in the Phoenix market - the flip that wasn't supposed to be a flip! The wife and I were searching for a new place for us, but had no luck finding what we wanted on...
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Hi everyone,My name is Leah Cooper and I am brand new to real estate. I'm trying to pinpoint exactly what my first steps should be, and in my search I came across Bigger Pockets. I'd like to begin growing my business ...
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In Chicago you have to provide 4 months notice to raise rent. My leases with tentants expires in 2 months and I just gave them 4 months notice that I will raise the rent. I want to know what you guys think is a better...
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Hello BP members. I've been reading and learning from all of you for a while now, waiting for an opportunity in my area to jump on. While sitting on the sidelines as prices increased by double digit percentages thi...