Hi people of BP,
I have finally decided to get in to the world of real estate. I'm so pumped about multi family properties. I'm probably going to do out of state. I'm glad to see all these members helping each other ...
Offer Price: $200KFinancing: FHA loan, 3.5% down payment (already pre approved for this home); 3.875% rate, 30 year fixedRents according to MLS posting: Unit 1 - $1310, Unit 2 - $1100, Unit 3 - $720; Total = $3,130Exp...
This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
I'm currently evaluating different syndicators and funds that are in the single family and multi family space. I was hope you guys could reccomend some that have worked for you. Additionaly, please me and other know i...
Lets say you acquire a 100 unit multi family 100% occupancy. Minimal repairs needed, just paint, lighting, signage.. In your experiences what is the retention rate for the first year?
I bought a duplex about a year ago in the downtown area of Montgomery, Alabama for $25,000. The tenets were extremely rough, cannibalizing anything of value in the property. It was next door to a single family home I...
Hello, all! I just made my first deal analysis on a property and wanted to get feedback and your opinion on the numbers.The house is a 3-bed, 2-bath, 1559 sq ft single family home in Houston TX. The house is in a B- n...
We are new to real-estate investing in the Tulsa area (have a couple properties in CA, MI)Why Tulsa? Conservative appreciation, reasonable cash-flow and long-term outlook for the city looks good. No crazy growth and h...
I saw this multi-family property that I would love to pursue but its bank owned and the lender is saying All cash only. I'd be house hacking this home. Realistically I can't fundraise the amount through family and fri...
I just bought a VERY dilapidated hoarders' house in Covina for the low 300s. 1114 sf 3/1 in basically tear-down condition. I spent over 10k on the clean-out itself. Due to extreme mold, fire, smoke, and water damage, ...