Hey guys!I recently bought a 4-plex of townhomes for $130k. It was grossing about $1750/mo and fit all my criteria, and overall looked like a great deal, so I moved forward with the purchase.My strategy so far has be...
Hey everyone, I just joined BiggerPockets (pro member) a few days ago and attended the 90 day challenge. I thought it was a great idea to form a group to help keep yourself focused and accountable on your real Estate...
Happy Monday fellow BP'ers! Been a lurker here in the forums now for several months. I've listened to several of the BP podcasters who discuss MF as well as read several of the threads here on the forums, but was ho...
Anyone experienced in C class investments? I am looking into a 4-Plex in a C class community with 11-12%CAP Rate. The CAP rates factor in property management fees and a projected 40% expense figure. The community ha...
My partners and I acquired some great real estate in a small downtown and plan to develop a nice mixed-use project to include retail/restaurants on the first floor with condominiums above that on the second and third ...
Been having some talks with a friend who managed C and D class properties. This friend's perspective on these tenants is that while most are decent, there are a lot of limitations dealing with them. His take is that...
Hello. Is it legal for the building inspector to not close out a trades permit because another part of the job wasn’t permitted? I’m working on a home and I have not secured a mechanical permit YET. But the plumber di...
This may seem like an unusual question for this community but I'm sure many of you have or are experiencing a similar situation. I have one parent who has retired and the other a few years away and are quickly findin...
I'm looking at an 850k 4 unit property which currently brings in 7k rent. I don't need help analyzing this deal; I'm looking for ideas on how I can finance this purchase and end up sole owner.Here's what I have:115k H...
We just received lender's appraisal on the property we area selling. While the market is very hot in our area and houses are moving quickly, I am puzzled why comparable houses (number of bedrooms, bathrooms, total s...