Hi BP! This site gives great advice and I could sure use some. I'm going to be selling my house soon and looking for best way to reinvest the money elsewhere, probably in Idaho. We currently live in socal and its to e...
Those that are locking in new mid term properties - are you cash flowing? I know this is not the most ideal time to buy with interest rates, so just curious to hear how everyone is doing in the mid term rental space, ...
Earlier this year, I setup an SDIRA and rolled a portion of my previous employer's 401(k) into it. Now, I'd like to roll a portion of that initial portion back to the 401(k). I've confirmed that I am able to do this, ...
I am looking at a 10-unit building in a less than ideal neighborhood. The actual expenses do not include a property management fee. Should I adjust the CAP to reflect that In my due dIlIgence or is it normal for these...
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $232,000
Cash invested: $43,000
Our first investment property is a six unit multi family property. We ...
In continuing to think of new ways to add additional value to my apartment buildings, I wanted to get peoples thoughts on installing solar panels and finding a way to monetize this. Has anyone ever done this and had a...
We have lived in a rental house for the past two years and anticipate living here for at least one more year until my wife finds a job and we build up some additional cash. The rental we live in is a 3 br / 2 ba that...
Hello everyone, I'm a newbie here on BP and just created my accounty today! I am currently in the military and will be getting my VA home loan benefits in a year when I get back from my deployment. I have a plan in pl...
Looking for input on this deal. This will be my first 5-family. I have a couple triplexes and a quad.Here is the infoPrice is 370000. Owner wants 25% down @ 6% for 20 years with a 7 year balloon.I have only done co...