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For those that have purchased a turnkey property out of state, can you break down the numbers (purchase price, rent price, what you are factoring for vacancy, etc)? Were they what the site you bought it from promised...
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I'm curious to know if appraisers tend to appraise properties differently depending on whether it's for a purchase mortgage or for refinancing an existing debt. I would think the appraised value should not differ, but...
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Hello!
Currently have 1 buy and hold duplex that is cash flowing somewhat nicely in Tampa, FL. Have had it since Feb 2018 and sunk about $20K in repairs/upgrades into it. I'm having trouble getting to my 2nd inve...
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Hey BP,I'm looking for my next multifamily to owner occupy and am limited by my income and prices in the area - but need to stay somewhat close to Boston, MA for my full time job. I have a close friend with a large am...
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Hi, BPersI have a question on dealing with economy downturn for a long time and would like to pick the brains from experienced investors here (i.e., they experienced 2008 financial crisis themselves).I heard many horr...
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Hi ya'll, I have yet to purchase a multi-family property for the first time, but Im looking. Im live in the Portland metro area but wouldnt be absolutely opposed to buying out of state but lean toward buying nearby s...
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Hi, I'm looking for some confidence here with my numbers and would truly appreciate if someone could verify that my numbers and research make sense. I'm wanting to buy a duplex and I'm considering how much money I sho...
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Hey BP!I am eyeing up a multi unit in a great location and I am trying to underwrite it and would love some feedback. I will be trying to apply the BRRR strategy for this property. Here are the details.7 Units, 7585...
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Hello BPer's!I have given much thought to using Direct Marketing to market my Property Management Business and have decided to pull the trigger!I am looking to design and send out a Postcard design to a group of Renta...
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I am needing to purchase a new roof for one of my rentals so I can get insurance, and have been given a couple of options;
1.) shingle tear off and replacement with Tamko architectural shingles- $6850
2.) the above ...