While finding the right deal in the right market is critical to achieving success as a syndicator, the ability to raise capital is equally, if not more, important. I've found that having capital from investors in plac...
I am looking at a Mobil Home Park and could use some help evaluating it as well as understanding what I am getting into. Basics: 34 acres, 52 lots. 27 lots are owned by tenants who pay a site rental fee. 10 units are...
Hey everybody,I'm looking at a "deal" that could be my first, so there's a lot of caution on my end. I would assume most of you know the feeling. I'm a believer in the old saying "the devil is in the details" so I'm t...
I'm not the first to talk about this strategy and won't be the last so feel free to chime in here. Over the past decade of deploying a very successful BRRR model across the Pacific Northwest, I've been able to perfect...
How long do you have to hold on to capital before you have to deploy it into the next deal?
I've been using professional property managers for the last 10 years but last year I made the leap of bringing self management in house. I was deliberating on this decision for a couple of years but I'm so glad I made...
Asking price 99k
Put 20k down= 79k financed
Yearly expenses:
Debt service 30 years at 5%= $5,088
Taxes= 4,357
Insurance= 1,200
Vacancy, 10% of gross rent= $2,500
Gross rent= 25,200. $525 monthly per unit.
cash flow...
Hello BiggerPockets, I am looking to buy my first investment and have narrowed down my options to buy and hold/BRRRR multifamily. I am looking to rehab a home using a 203K loan and was looking for help regarding estim...
Hi everyone! I'm Ivona, a Canadian investor eager to expand my business in the US. I'd love your insights on which cities you think are ideal for multi-family properties, especially in states with landlord-friendly re...
Hello Bigger Pockets, I found my deal and am ready to find a bank to start my investing journey with. What criteria should I be looking for when choosing a bank. I’ve read to go with a local community bank but am wond...