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Hi Everyone,I'm recently qualified to obtain an FHA loan up to 450k for a 3-4 unit multi-family property. As of now I'm working with my junior realtor (close friend & new to the industry) to source a property wher...
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Hello BP!So, here's the set up - I recently scored a new job and my ideal situation is to start shopping for investment (multifamily) homes in the next 6-8 months. Therefore, I will have only about 6-8 months of emplo...
I bought a waterfront lot few years ago for $425,000. I owe $200,000. It was a 5 year note which is due in February 2013. The value has dropped since I purchased it and it's now worth about $275,000-300,000. I'm not t...
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I am looking into the pros and cons of buying a number of units in a complex of about 200 units. I would only buy units if I could get them for <$30K, and average rent would be @$700/mo each. There is a HOA fee o...
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Is it better to buy higher price point rent per unit apartments as opposed to buying more units with lower rents. You can buy 20 a unit building that rents for $1,000/month, gross rent = $20,000 or you can buy a 40 un...
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I'm looking to diversify from a pure equity portfolio and go into real estate. I don't have much time to hands-on manage due to an existing consulting business. This has prevented me from getting into residential and ...
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Hey there BP, I bring another case of emotional support animals being a nuisance in my investing career. The first time this happened my PM company wouldnt manage a current tenant when they found out he had a pitbull ...
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I was offered a gig with a more experienced rei...he said I would do the marketing (find the deals) , bring them to him and he would find the money from another rei to renovate the property and Sell it. We would prob...
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Hello Everybody,
I am a newbie in real estate investing and I have a question.
I want to start investing in buy and hold properties.
I current live in CT and I work as a bartender and as a real estate agent. So f...
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Do people have any experience renting out several rooms in the same place to traveling nurses/professionals and find out that it is undesirable? I have a 7br 3ba home that I could rent out to travelers, but I assume t...