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Hello everyone! I’m new to the BP forums and semi new to REI (I’ve been reading and listening to podcast about it for about 8months now) I’m currently 19 and my goal is house hack my first property so I plan on gettin...
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QUESTION: I just completed all my schooling and testing for becoming a real estate agent (~$1,200 in MN passing all the tests in the first try). I started reaching out to brokers this week to see which one would be be...
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Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
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Hi everyone,
I'm excited to be back in real estate investing after some time away. Just last week, I closed on my first multi-family property, and I’m scheduled to close on my second next week. Both are in a small ma...
My name is Blake and I moved up here to Kansas City about a year ago for work. I've been a member since 2020 but never really got into it like I wanted to. I am finally wanting to start my approach to better become fi...
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I have been interested in investing in a turnkey company, but I have been seeing very mixed reviews overall. Is there anyone who has gone this route and had much success? I would love to hear individual stories of suc...
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Hello everyone. I like the forums so far! I am 22 years old, currently in the Air Force with three years left. I am just here to read and learn. My intrest lies in rental properties and my goal is to be close to inves...
Hi all,Newbie here....I was looking at some multi-family RE's. Wondering what is considered a decent cap rate on an apartment.I read somewhere that 8-10% is good...but looking in LA...im seeing some 4-6 unit apt at a...
Hey guys stupid question, own a 5 family property cash flow is good. Bank has me at a 5.5% interest rate 10year balloon 25yr amortization but with a 3% pre payment penalty. Talking with another bank now offering me 3....