Jonas Mai
Looking at 7-plex new investor. I need encouragement. This works?
I found a 7 plex for $185k. It has 4 1br and 3 2br apts. Exterior is stucco, roof is flat and clad in an elastomeric foam membrane (one of my biggest issues). The 2 bedrooms rent for $550, $550 and $575. The 1br...
Albert Young
How co-borrowing impacts future debt to income ratios
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...
Katrina P.
Should I buy this property?
Hi guys,So I am analyzing a 6-unit. Please let me know your thoughts. Personally, I'm not crazy about it. Details below:Purchase Price: $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented...
Perez Fernando
Analyzing commercial properties
Does anyone have any work sheets for analyzing commercial properties?
Mark S.
To Live Off Rental Income, Some Advice Needed
About two years ago, I sold a business that I created to a large corporation. With those funds - I purchased (in full with cash), numerous investment properties.I focus on nice-sized condos or townhouses in high deman...
Jared Khan
Best Down Payment Source
Hi BP - long story short, my cash is tied up in illiquid assets at the moment. I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months...
Bob Beach
First Flip - coming soon?
We've had rentals, in Memphis, for a handful of years and now want to do a first flip. One problem, I've had with the rentals in the past, is finding relaible contractor/handyman people for rehabs and repairs. So, ...
Darryl Griffin-Simmons
Help with Analyzing 4plex- am I doing this correctly?
Hey BP Family,I saw a 4plex on the market and figured I'd run it through the BP Tool, but not sure if I'm doing this correctly as it came out to be a negative COC and would not cashflow until year 5. This may be too m...
Alberto Izarraraz
Investing vs Student Loan
Hello Everyone,
So I really wanted to know people's opinion on this topic. It's really about what I should do.
I have a significant amount of student loans. Really talking about $120k of it at about 8%. I also s...
Tou V.
Northern Cali - 12 unit for 600k?
I'm fairly new to RE investing. Have been looking for MF properties for almost a year now. There just doesn't seem to be any within 200-300 miles which would seem like good investments. I've tried the 50% or 2% ...