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I have found 5 multi family properties in the same complex, if I were to bundle the units and purchase them at asking price(not likely to happen) it would cost $450,000. The net profit yearly would be in the 110-130K ...
Anyone care to share some pro tips and tricks they have had to learn the hard way? These can be suggestions are life experiences that are worth sharing so no one would unknowingly go through the same thing.
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Newbie to REI here and in search of knowledge from this awesome community. I’ve heard many great things about mobile home/RV parks. I’m curious to hear from others what key performance indicators are used to analyze...
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My group has 2 four-plex long term rentals in Tucson AZ and wanting to diversify. We are all California natives looking for good returns. Where out of state should we be looking/ consider? Any advice or suggestions wo...
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Has anyone used owner financing to build STR portfolio?I m wondering if the return s for the STR revenue make up for the higher cost of an owner financed property.If the numbers works, is it a smart idea?The monthly p...
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As they say, "Ideas are cheap, execution is everything" and I'm having a disconnect going from knowing to actually doing. What holds me back personally is the fear of failure or making costly mistakes despite fully un...
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Hello,My name is Mike, I am in the Richmond VA area, and I just wanted to introduce myself. First post on BP and it only took me two weeks. I have, however, been listening to pod casts and reading and learning all t...
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My interest in real estate stems from reading Craig Curelop's The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom; ever since reading this book, I have been learning in preparation to purchas...
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Real estate investing brings out a very diverse group of people doesn't it?
I have met some great minds, as well as some people many would classify as flat out loons!
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Has anyone ever heard of starting a nonprofit and doing real estate investing? The city I’m looking to invest in has a large amount of programs in order to help nonprofits with affordable housing. The city is going th...