Alice K.
Ever get jealous? How do $1M homeowners own that?!
Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...
Giani Brussich
Please help me understand why STR is considered evil by locals?
If this is the wrong place for this, please remove it.Recently, I have seen a lot of threads/posts come up on social media (I know, not very reliable or the truth) about how bad/hated STR is for local neighborhoods. W...
Terry Drake
Journey through the next (Lonnie) deal..
Before I did my first deal, I spent time on BP searching for people like me going through their first dealings in this business. I found many who started sharing their adventure but when it started to get good, the t...
Rich Weese
Obama LOVES redistribution of wealth-even if NBC won't admit it!
Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...
James C Norman Jr
Fourplex investing with an impending recession?
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Todd Powell
How I Created an Additional $7,000/Mo. Cash Flow in 4 Years!
Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
Michael Carroll
Townhouse Rentals - where to find investment buyers?
How deep is the market for investors who will buy leased townhomes (new const.) for the cash flow only? For example, 14 newly constructed detached townhomes (all contiguous). Average unit size 2000 sq.ft. - 3B/3B/1 ...
Susan Tan
Success Story: First rehab on a duplex is done
I live over 2,000+ miles away from the duplex in OH. I depended heavily on my property manager to make this rehab project a success. I like out-of-state investing, particularly in OH, because a lot of multifamily buil...
Account Closed
Tucson Multifamily Stats
Hey Folks, just wanted to share the statistics for the Tucson multifamily sector.
-Average Price Per Door: $78,943
-Median Price Per Door $53,333
-Average Cap upon sale: 6.7%
-Median Cap upon sale: 6.6%
-Average...