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Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
I am looking to start investing in multi-family properties (+5 doors). I am not sure how to get started. Any advice?
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Hey BP,Very excited to finally be able to talk about my first project that I currently have going on! A couple weeks ago, my partners and I closed on a 3-family in Mattapan, MA that needs a decent amount of work. We a...
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I have over 120 units. I'm noticing the high demand from out of state buyers especially from Cali. I see they are paying top dollar.
I'm producing 30-50% returns considering I payed much less. Of course the returns...
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I'm wondering what financial metrics are important for landlords? Most landlords like to know the equity building on their property. After all, buy and rent out properties as part of their long term strategy. But ther...
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I am running different numbers and scenarios on a deal, trying to make something work. It's a 128 unit self storage complex with room to build more later. It has a 3/2 house on it and a small commercial store front an...
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I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
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Hi BP Friends! If you are doing 10+ deals a year, how are you financing your down payments?Are there other creative ways to raise the money for the equity? We have 7 years experience and proven track record, construct...
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Hey everyone
I keep learning more about Real Estate and I was recommended to flip a house with very little money of my own. I was planning to start it in another state, however, if I can make this work, I can still d...
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Hello thereI am currently in the process of learning to analyze properties and currently on step 1 of that process.My question is, how did you go about learning to analyze potential rental properties and estimating re...