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Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
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California real estate investor Bruce Norris has predicted a 20% price increase in California residential real estate for 2013. This is a huge percentage increase, and many people are shocked by Norris’s prediction. B...
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To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...
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Just happened to watch Dateline Sunday night and they did a great piece on Detroit. A recap Detroit economy is going through some of its toughest times. There are rows of vacant, damaged houses with nearly vacant ne...
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Hello All,I was curious if there are target metrics specifically in respect to the following from the [perspective of Risk/Target profile of deal:1. Purchase price per unit: is there a target range for this price per ...
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Hi Everyone,I have a potential deal on my hands. I am trying to be detail oriented in my due diligence so that I can make a informed decision. I currently own a 3 and 4 family house but would like to make a transiti...
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We all know that it is hard to find a great multi-family deal in today's market. It's better to "make one". We have bought multiple small apartments 10-20 units, that have had upside potential with room to increase ...
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I don't want to keep beating a dead horse. I know this has been a hot topic for awhile. With Biden taking office, COVID, and multi family investing being at a 'peak' - what are you and your team predicting the next 12...
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I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...