Hi there community,I've decided I want to invest in real estate and am learning.I'll be visiting Phoenix/Scottsdale in about a month for a week and would love to meet up with anyone out there and walk some properties....
Hello, BP family. I am trying to be a wholesaler in the Bay Area California. I sent out 300+ handwriting yellow letters last week and received several calls. And I will send another 200+ next week. One of them was fro...
So i am selling a multi family and will use its proceeds to buy another one close by. If I want to do a 1031 ( any reason I should not? ) , when and what shall I do?in the selling contract , shall I note it is 1031?i...
I have been struggling to understand how to calculate the rental income of multi-family properties.I found a 3-plex (2/1.5 , 1/1, 2/1), and Rentometer is telling me 2 bedrooms can be rented out for ~$1500. Assuming ~$...
Hi BP!I noticed a cable/wire hanging off my roof yesterday and I think its connected to a Direct TV satellite dish. It looks awful and I want it removed. My question is could this cable be anything else, or is it de...
Hello BP Members,Can anyone explain how the rehab costs differ for small multifamily properties versus single family homes (SFH)? I purchased the BP Book on Estimating Rehab Cost, but considering it's focused on SFH, ...
Hi All,A few of my trusted friends and I are planning to create a fund to flip homes. All purchases and sales will be cash only. Would the best and simplest type of structure be a joint venture? Anyone here who has do...
Is this $800k house simply over priced? I'm new to CAP calculations, but from what I understand I should have enough data here to calculate true value of property. How do I find out what this is really worth? Key deta...
Hello all you brilliant people,
Im a 23 year old in Wichita Kansas, working for my uncles RE holding company (84 doors, two commercial, twenty duplexes and the rest SFH), as his property manager, secretary and realto...
Hey BP,I’m closing on a triplex in Akron soon, our first multi-family, and was wondering how utilities for shared/common areas were handled. I’m sure for commercial apartments, there is a separate electrical box paid ...