Mayank Saxena
House Hacking in LA - do my numbers & ideas add up?
Hi my fellow BP community!
I originally joined BP, thinking that my strategy would be to invest in out-of-state MFU for cash flow (i.e. Ohio market) as entry-level in my market of Los Angeles was too unattainable w...
Steven Ruddell
Building a Duplex
I'm a first time home buyer in the Boise, Idaho market and want to purchase a Duplex as my 1st property. In my area, there aren't a lot of duplex on the market and I was presented with an opportunity to build one.I w...
Gervon Thompson
Using low interest loans as a down payment on a property.
Hey guys! Just wondering, at this moment in time I have a 800 credit score and make around 60k after taxes, however I’m not able to save most of it due to aggressively paying down my student loan debts. In light of w...
Account Closed
$200K - home addition or pay home loan?
We have the ability to pay $200K on our existing loan which is at 4%. Instead I am wondering if I should invest in an addition (approx 600 sq feet), 1 master bedroom, 1 bath & space for office. Current home is ran...
Orlando C.
Transfer title to an LLC under 203k loan
Hi BP,
I just registered and have been lurking the forums for a while. So I just bought my first property, a 4 Unit, a REO with a 203k loan. Currently, on the renovation process. I'm going to be a live in landlord a...
Joe Kulbacki
6-unit apartment shared utilities
Hi. I'm currently looking at buying a 6 unit apartment. All of the numbers make sense to me, but I'm hesitant because the 6 units share a hot water tank and a furnace. The furnace has a lock box on it and they supplem...
Martin Sterling
Gross Rent Multiplier for Harlem, NY
Good Afternoon,
Does anyone know the gross rent multiplier for a building in Harlem, NY? Is there a specific place to find this number for various areas?
I was looking up a GRM for Harlem, NY and I found one that ...
Ryan H.
Beginner's Guide to CRE
Hello, I'm a mental health counselor in private practice, and my office rent is my biggest expense category across all personal and business expenses. Given that I plan to be doing this work for another 25 years or s...
Charles Kiser
What kind of numbers do i need to buy a 4 plex?
I am new to this rental game. I built a duplex and have been renting it out for 6 months and am now looking at buying a 4 plex to live in 1 and rent the other 3 apartments. What do i need to ask for from owner and w...
Cristina Ruffini
Socal Frustrated
I have been looking for a 2-4 unit in San Diego for a while. My conclusion is that if you buy in this market right now there's no or very little cash flow, period. So what do investor do in this market? For example I ...