I am REALLY confused about what to do. My wife and I have grown our flipping business over the past couple of years to doing 10 flips currently.I was just getting ready to quit my job that pays $150,000/year to focus ...
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
Hello, I am considering putting an ADU behind my rental property in East Palo Also. Keeping the setbacks aside, I can build around 40*20 = 800 sf ADU. Keeping rentability in mind, I am trying to do a 2bed/1bath I have...
Greetings.
I own a property in the San Diego area. I rented it to a tenant a year ago on a 2 yr lease. The existing lease has either 11 or 12 months left.
All was well until about 2 months ago when this women’s do...
Hi all,I'm under contract on a single family and I will be inheriting the tenants. A husband and wife, and two daughters have been living there since August 2017 and they take great care of the house. They want to st...
I'm in Syracuse, NY and have a portfolio of properties I'd like to buy. Market value for all 3 properties (1 single, 1 duplex, and a 5-unit) is about $400k; net cash flow is about $60k a year, and seller is asking $82...
Would you buy a property with negative cash flow?My husband and I want to invest in a townhouse that we plan on selling once the mortgage is paid in full. We could have the mortgage for 30 years, but we are choosing o...
I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...
Hello to all my BP brothers and sisters,An Alaskan multi-family investor here, thinking about getting into the Hampton Roads market, because it's only 4,468 miles away! (so says google)No, seriously, we have family in...
Hey guys, quick question for a buy and hold.If you had $100,000 cash, after buying properties, how much would you expect to produce with that per year? For example, 25% cash on cash return? I'd imagine that the more ...