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Hi all,
This is my first time posting. I own a small 2 bedroom bungalow near downtown Sacramento that was built in the early 1900's. It is rented out and the rent covers the mortgage. The tenants asked that I call a...
I've been involved in the SFH game for a while and have had some success with it. But lately, I've had a strong desire to jump into investing in multifamily units. I'm currently reading the book Multi Family Million...
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Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
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i am new to real estate investing, I actually have not even done a deal yet. This is something that I have been pondering for some time now. I often see people do jobs and get paid "under the table". To be honest, I ...
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Hey, coming to you all for a bit of advice:
After 4 months of searching for a duplex, I finally got an offer accepted! It is a 2 bedroom upper and 3 bedroom lower unit.... Beautiful home and this is super exciting, b...
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Hello guys, I am under deep negotiation with the owner of a quad right now. I could actually pay his asking price if it wasnt of one issue I have no clue how dangerous could be. To get into context, this quad isn't on...
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Hello, I'm just starting out and looking to buy my first property. One of the things I haven't found an answer to is, should I maintain an "oh shit" fund? Meaning a fund to cover any unexpected cost that may arise a...
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About two weeks ago I put in an offer on my first four unit. I offered 40,000 under asking price because from the street I could see the building needed a new roof. I also asked for 2000.00 in repairs and a contingenc...
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I've been workin on a multi-family deal for a couple of weeks now. The owner and I each have an agents and we have been going back and forth with offers and counters. Recently we've come to an agree ment which I sig...
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Hello BP community, which is more recommended when insuring your rental property- insuring it for its replacement cost or just the cash value? Not sure if one is definitely better than the other or if it’s just based ...