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I've been proposed a Class B multifamily building in a desirable area with low inventory. Below are the numbers.9 Units( all one bedrooms ) ( 625sqft )2 units= $880, 2 units= $800, 2 units= $725, 1 unit= $845, 1 unit=...
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Doing FI (financial independence) math is simple when you're only invested in stocks/bonds. Knowing your savings rate, and expenses + using tools like Networthify/FIREcalc get you there pretty quickly. MMM talks about...
Perhaps it isnt wild and I'm still too new. This would be my 4th deal after 3 duplexes. Came across local landlord who has 4 properties for a total of 18 units. 3 6-unit buildings and a duplex. Wants to sell them all ...
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Hey Everyone,
I have found a very nice MH with a very motivated buyer. The buyer was at $10K and I ended up being able to talk him down to $1500. He needs to move ASAP.
The problem I have encountered is that the ...
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Hey BP, thanks for stopping by my post!I have a bit of a moral dilemma. I have a current LTR that I have gained about $80,000 in equity since purchasing. I began exploring STR properties recently, and after much resea...
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What a year!
I wonder if any seasoned investors have had extreme anxiety after buying a deal other than their first deal.
As some may know, my first deal was a complete gut rehab duplex that put me through the ...
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Hello,
My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go t...
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I am currently renting and want to start investing, I have little cash and am in need of some direction. I live in Seattle, WA, and opportunities for a great deal are hard to come by, I've been looking at websites suc...
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Real Estate News in Brief
What a week! We had a huge downward revision to the BLS jobs growth figures, the Fed minutes explicitly said that a rate cut on Sept 18 was likely, and average mortgage rates moved below 6.5...
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IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...