Hi BP community, Please keep reading through this intro to get to the guts of my question.I have decide that I am going to purchase my first multi family property. I purchased my first home in 2012 and held for 8 year...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
Hi all,
When I first came to BiggerPockets I was interested in multi family. Over time, I became convinced that I needed to go to triple net properties since I live Abroad and loved the idea of mailbox money with zer...
Hello BP Family, Thank you for opening this post. I'd like to start an intelligent and informative discussion on our predictions for the Bay Area (South-Bay, SF, East-Bay and Peninsula) in 2017. Understanding prices h...
What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
I know not everyone is against C and D properties but I have a few cases for them as a viable asset to invest in.
1. Cheaper price point to get started in real estate (cheaper is not as worse)
2. It is less affected...
I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...