I am considering purchasing a mid-sized apartment building.What are some important conditions to consider writing in the agreement of purchase and sale?Thanks
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
Trying to figure out what measures to follow to see how I am doing through the years.
For those of you who take out mortgages, doesnt that set you back year after year?
I guess looking for a formula to measure and m...
Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...
1) Holding Costs add up quickly
- Loan I...
This post will consider Chapter 2 of Rich Dad Poor Dad by Robert Kiyosaki. The chapter is entitled, "Lesson 2: Why Teach Financial Literacy?"For this discussion, I will post five excerpts from the chapter that I liked...
Hi All,
One thing I need clarification on in the BRRRR method is the refinancing part more specifically how much cash I should pull out of the property. Property will have a ARV of about $250k and rent for about $2...
I am trying to evaluate the financials of an HOA community and I was wondering if anyone has a rule of thumb for cash reserves or any other items that could be a red flag to investors?
Answer this question: "...
I purchased a single family house hack in Tacoma Washington February of 2020. Roommates have been covering the mortgage, so I've been able to pay off a lot of my credit card debts. I've been fortunate to benefit from...
What do you think i should do, focus on paying the blue house off which will take me about 2 and a half years or let my tenants pay it off for me and keep saving and buy another one next year?