Hello,Before reaching out to an attorney, I would like some feedback, please.About two months ago we purchased a short sale in Illinois. This was a cash transaction. We updated the unit - mostly cosmetic, rented it, a...
Just a little curious :)What's the most you've seen someone cashflow from multi-family?
Let me begin by stating that I’m by no means a professional real estate investor but I’m looking to take my fist steps in building cash flow/appreciation as soon as physically possible. I’m interested in getting my to...
Hi bp gang!
found an awesome investment opportunity in the new york area. multifamily 3 over 1. It's a little risky because I've been furloughed with the virus, but i was thinking of pulling a hard money loan ( refin...
One of my properties is a rental property in Philadelphia, PA. I also have an LLC, but this property is not owned by the LLC (separate discussion). I currently have the property management, rental licenses, all under...
Last fall my wife and I purchased our first rental in Red Wing, MN. There seem to be a shortage of houses for sale and rent and it rented quickly with no trouble. We are looking to continue to buy buy it seems like th...
I bought my first house in cash back in 2011. I moved out in 2014 and rented it up until last month, then sold it. The property sold for double what I paid for it, so i'm sitting on about 150K in cash. I'm wanting to ...
I'm new here and I figured I'd see what everyone has to say about an 8% return on a retail/office building in a prime downtown area.
3200 of the 6000 sqft are currently rented out, 1500ft is rented for $2300/month, 5...
Hi All, We plan to present the binder method to our inherited duplex tenants. Each unit currently pays the same amount ($1350). Question is if we have a conversation with each tenant about what they feel is a fair ren...