Marshall Zakarian
Need Help Knowing If This Is A Good Purchase? ( MULTIFAMILY)
I've been proposed a Class B multifamily building in a desirable area with low inventory. Below are the numbers.9 Units( all one bedrooms ) ( 625sqft )2 units= $880, 2 units= $800, 2 units= $725, 1 unit= $845, 1 unit=...
Timothy Hood
Concerns about 1st Deal
Hello Everyone,I'm going to write an offer on a Fannie Mae REO condo marketed by HomePath.The property is 2bed/1bath unit listed at 45K. Another unit in the same building sold for 35K earlier this year so that's what...
Jaclyn Spinelli
House Hacking and Cash Flow
Hey!I'm thinking about house hacking in the north side of Chicago (Avondale and the surrounding areas). I've used a couple calculators to assess cash flow and stuff, but I'm wondering if there is a rule of thumb or s...
Anthony Wick
If You're Not Growing, You're Dying
I'm not sure the title is what I was looking for, but it gets the point across. Growth isn't just about buying more units, but changing with the times, and being open minded. I have two units for rent right now (the e...
Kyle Leeyaw
What would you do if you had to start over?
Hi Bigger Pockets,My name is Kyle. I am going to be a real estate developer and am having trouble getting started. I would really appreciate insight from anyone who has had success in real estate development.Some spec...
Mark Forest
Must I have a chimney?
I have a house where the chimney is falling apart and the estimates to take it down and rebuild are over $2K. I just have a furnace and hot water heater exhausting through it. The gas is off. Is there a reason I mu...
Jeff Rabinowitz
I knew I was a real estate investor when.....
A lot of people here call themselves real estate investors and most are but, can we be honest for a moment? If you haven't actually done a deal you are not yet a real estate investor. At this point you have aspir...
Ryan Rupnarain
My First BRRRR Success!
Hey Everyone,I wanted to share my first BRRRR success story with the BP community. It's a bit lengthy but you can scroll down the find the details of the deal.STORY:First, some quick background (deal starts on 3rd par...
Paul Allen ODonnell
What are the pros and cons of a VA loan?
Hello I’m a new to the world of real estate investments and am looking for some advice before I make my first buy. I’m not sure wether a VA loan or a conventional loan is the way to fund my first property. I would lik...
Christopher L.
Condo to Apartment Conversion
We have been looking into the purchase of a 24-unit apartment building in Arizona that fits our location and buying criteria, however as we dug deeper with the seller we discovered that a few years back they had conve...