Guys, we are having trouble getting deals. Are you finding stuff?Last week we competed on 150+ units. We had known from the get-go that it was part of a portfolio, but we were hoping, based on broker guidance, that th...
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
Argh... the life of a new landlady..Served this inherited tenant a 30 day notice last month. Lack of one legal clause necessary in Maine led me to serve another today, asking her to vacate in 30 days (she is a tenant...
Hello BP forum. I've never BRRRR'd yet and I'm in a learning phase. Everyone here has been great about sharing knowledge and stories. I'm getting acquainted with the risks of any investment and am wondering about the ...
Please guide me through the process of closing on an off-market deal. The owner is interested in selling. Now what? How do I make an offer? What documents do I need? Anything I should know? Does and Don'ts?Thank you
Despite the ongoing decrease in mortgage rates, the real estate market is facing a persistent challenge as housing sales struggle to bounce back. Notably, the average home price has also seen a decline, with hom...
Hi everyone,I own a property in a highly sought-after rural area of Lee County, Florida, which has been under my ownership for the past 12 years. Initially, my family and I lived in this house for a couple years befor...
Hey everyone, I’m currently looking into moving to Florida in June. If I do, I would like to get a multifamily property. Preferably a 2-4plex so I can use a FHA. I’m wondering which cities in Florida have competitive ...
First discussion I've started on BP. Yay, but let me be honest; I've recently dedicated my latest career adventures to real estate so there have been a lot of "firsts" for me lately. Still doing the corporate Ameri...
Hey all, I'd love to get your thoughts on this potential deal. looking to make an offer. How do these numbers look? I know it isn't hitting the 2%, but it is in a GREAT area and should be some decent appreciation each...