Hey BP, I am getting started with real estate investing and personally can see the power and financial benefits of REI over other investments like the stock market, however my wife has reservations. Part of what I wan...
After a side lining injury. I was wrapping my head around what it is to analyze financially a multi family 5 or more units and the process beginning to end. First Book CRE FOR DUMMIES by Peter HarrisSo walking into th...
All friends,I am looking at a property I would like to purchase ,that has a current tenant living their. This tenant is on a month to month lease. Can I just terminate their lease with proper warning?
Hello all,
I am a new investor thinking of purchasing a condo as it's the most my cash on hand can purchase. In your experience, has condos gained much equity after updating the kitchen and bathroom? This won't be a ...
Hi All, I've not only been a long time fan and consumer of BP, but I've had a goal of house hacking a 2-3 unit multifamily property for a couple years now to help facilitate not only an increase in savings from my W2 ...
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...
I have heard several people ask if it is good to get a personal or business loan to invest in somebody’s syndication deal. Even if you are investing with a trustworthy syndicator, I will explain why taking a loan to i...
I know this title might be confusing but this is what I tell new investors or friends when I meet with them. Cashflow Should Not be the only thing you Consider when Buying Rental Properties. Like many I started my Rea...
My name is Travis Horstman and I'm just getting started on my real estate investing journey. I am looking for some opinions on what to do with mine and my fiancé's primary homes.I own my home at a 3.25% interest rate ...