Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...
Shawn McMahon
Denver Colorado
Hello Everyone, My partner and I are looking at buying our first home in the Denver area. Right now we are sick of Denver's rising rental rates and we think buying a house would be a smart idea right now. We've talked...
Shane Smith
Should I open a brokerage or stay an agent?
So I am 7 years in business and do pretty well on my own, and looking to do more sales with my wife joining me recently. My question is: Do I start my own brokerage or stay with a broker and continue to give up some c...
Masyn Grant Barney
Small Multifamily Only Works 1 of 4 Ways Right Now
Small Multifamily (2-4 units) Only Works 1 of 4 Ways Right Now
1. Large down payment sacrificing Cash on cash return. You may be able to break even or cashflow, but you'll be putting 25%+ down and your CoC will b...
Matt Smith
First time house hack-pay full price?
Hey everyone-been reading a lot on this site lately and would like to get your opinion on a potential house hack. This would be my first RE purchase, it's a duplex with 8 bedrooms and 4 bathrooms. Pretty much all reno...
Daniel Coblentz
Help me analyze this deal! 46 Units - Am I missing something?
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone. I just started using the BP Calculators in the last week and I plugged a few...
Ignacio Linares
Please critique my analysis
Hello Everyone, can I please get some critiques on my analysis? I want to see if I'm running my numbers correctly
SFR in Columbus, Ohio
3 Bd 1 Bth
Sq footage: 768
Purchase price: 85,000
Closing costs: 1,500
...
Steve Dorman
Entrepreneur at heart...looking for a new start
I figured it was time for me to introduce myself to the BP community. So here I am. Background:I am currently 30 - living in a cold, non business friendly state. I am spending my time and energy operating three separa...
N/A N/A
REO Question
Hey all,
Just found out an REO house I've been looking at is a Fannie Mae property being sold by a Real Estate Agent. How are they to deal with, do they barter? Is it feasible for them to go for 70% of list price?...
Francis A.
Minneapolis - Penn Ave Area
Hi,
I'm a Biggerpockets newbie and a duplex owner in Los Angeles. I have family living in St Paul. I have been looking at duplex properties in Minneapolis for a few weeks now. (At first glance, the math makes...