Stephen D.
Bringing deals to investors with no experience
I’ve been asking for a while now, how can I get started in Multifamily investing. I’ve gotten a few different responses the most common being that it’s nearly impossible to get started with now track record or money t...
Faisal Farnas
Typical Example from MLS in Saint Petersburg (Tampa Bay)
Hello BPers,I am currently looking to purchase a multifamily in the Tampa Bay area. I have been looking at the properties on the MLS and so far the best I could find, in north Saint Petersburg (North of Central Avenue...
Chris Nelson
To Sell or Not to Sell this 15.9% Cap Rate Duplex
Hi BP,Wife and I purchased a duplex in September, 2014 for $142,000 as owner occupied with 15% down. We put roughly $20,000 into it and have successfully rented it the last 2 years for $25,800 annual gross rent. We ...
Philip Coiro
Ready to Invest but...
Hi BP Community! I am a licensed contractor on Long Island and want to start flipping. I have a decent savings along with a HELOC thats open and ready, both combined giving me $150k, the remainder of funds needed woul...
Adrian Moening
Raising rents in this environment ?
I have two tenants with rents below market whose leases renew in July. I had planned on a 4% increase before the pandemic. I know taxes will go up increasing the need to raise their rates. Am I wrong to feel guilty...
Reed Lambier
Finally acquired my first property.
Probably a terrible time to buy a house but I just purchased my first home. It's a 3 story, 3 bed, 3 full bath townhouse in Vancouver WA. It is set up perfectly to rent out but I have to do some light work on it first...
Raymond Hill
Woonsocket, RI Small Multifamily Investing
Hello BP Family,I am looking at a couple of multi families off market this weekend. The numbers are pretty decent versus the higher priced multis in Providence County areas like Providence, Pawtucket, Cranston, etc. A...
Anthony Bonafide
New Construction Build Appraisal Low
I am looking to start my real estate investment career by moving into a new home and renting my current home. However, I have run into an interesting situation with a new construction builder builder at the final stag...
Jeremy Bailey
Real Estate CPA/Tax Advisor needed for Realtor/RE Investor/LLC
Hi folks, I'm in the market for a new CPA that specializes in all things Real Estate. They can be located anywhere in the USA. I've read through a bunch of posts and it seems like we have some in the group. I'll also ...
Stephanie Cabral
Section 8 Rents and Valuing a MF deal
Hi all, I'm reviewing a potential MF deal and looked at the rent roll. 100% of the units are affordable housing of various programs, including Section 8. I was surprised to see that all of the rents are substantially ...