I looking at a 12 unit building. Location is very good, walkng distance to a lot of things, major super market near by. Previously asking 500k, 10 days ago price dropped to 450k. Owner has a 275k assumable mortgage @6...
Hello Everyone,
My first post here on the forum and I'm very excited. I would like to know what is considered acceptable cash flow on a 4plex? Is there a certain amount of monthly flow that is considered bare...
Short version - if you're water heater doesn't work and you're boiling the water so you have hot water...is there something I can do or buy to make my tenants lives a little easier?
Back Story -
Its the...
Real estate in California is expensive. Especially in the bay area. That's why I'm looking to buy out of state. I have around 50k to put down as a down payment on my first property. The problem is, I am inexperienced ...
About MeWhile I do have a question, since this is my first post to the BiggerPockets forums, I thought I'd kill two birds with one stone and introduce myself while asking the question.My name is Corey and I currently ...
Some thoughts that have been brewing...Back Story: I went from 0 to 64 apartments about 15 months ago (C class), as I 1031 exchanged from an owner/user office building in Los Angeles to remote control of Multi-Family...
Found a REO that's been listed for 150 days. Needs a lot of renovations. It's a 4b/2b, 1,497sf, built in 1973, has a 2 car garage. List price is $275k. Found 3 very similar comps. First one sold for $319k on Sep 5, 3b...
As my partners and I are looking for our first property we've been struggling to find a reliable team. From the dozen lenders that have simply ghosted us, to the lawyer that is more then happy to bill us for work that...
Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
I did it! I set a goal in January to complete my first investment deal by June. I set a few important milestones to hit along the way... read the entire Book on Rental Property Investing to build my confidence... narr...