Hi there,I am a newbie here. I have been investing in the stock market for years. Now I'd like to diversify my investment by getting into real estate, starting small, likely a 1-2 bedroom condo or townhouse and rent ...
Hello,I am looking to purchase from a wholesaler $150k cash for a duplex that each unit rents for $725/monthly. 8% cap. After closing I would refinance and pull out up to 80% ltv. Happy to share location and get any f...
Charles Village area. Multi-unit. How is the rental market there? I have been eyeing on a multi-unit property. Seems difficult to fill the vacant unit.How much is the rent for typical one bed room apartment, with ok c...
Hey folks, I'm in South Florida, so dealing with pretty crazy insurance costs in general, and thinking of branching into other states. What are your top 3 markets when considering all of the following factors? 1.Low P...
Me and my wife used the rental calculator on a Triplex. We first ran the numbers as if we would be renting out all 3 units to see if the property was a good investment. All the numbers were solid and we had a positiv...
Hello BP!!Just wanted to shoot out an update to the BP community. I signed contracts on another syndication yesterday. It is a 138 unit in Wilmington, NC. 1984 construction well maintained property with a nice value a...
Many military members come to Vegas for several weeks to months at a time for exercises and events. What does this mean? They need a place to stay, if not on base, and that my friends, is paid for by the military.What...
I'm in the process of looking at a SFH and a 4-plex. While running my numbers in my spreadsheet plus the BP calculators, I'm getting mixed results. Just note that this would be my first rental (w/ hopefully many more ...
Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
Hello BP
Heres what Im looking to move on quickly just trying to determine my offer.
Asking 249k 5 unit multi family unit
(3) 2 bedroom 1 bath rents for $700 each ($2,100)
maximum rent if re...