I have a new associate who has been in REI for 20+ years, and recently sold 300 units. He has syndicated a few deals and is creating a new one to build 40 units in Tampa FL. I see benefits but I'm trying to understand...
Hey BP community,An interesting opportunity just came my way and I am having trouble analyzing this deal and deciding if it is the best usage of my capital. Here is the scenario (I will try to make it as concise as po...
Hello all, I am converting my 784 sqft detached garage with a full bath to a 2 bed/1 bath unit. What are my best options for leveling the garage floor so I have a flat surface to begin the interior build out on? I can...
I'm being asked to invest in a 50 year old, 200 unit Chicago high rise building. I'm very experienced with rentals in general and rental complexes with many units and have a good understanding of investment numbers i...
I'm in the military, and moving back into WA in December, and would like to purchase a multi-family property to rent. I've never purchased an income property, and would like to know any good resources/books to look o...
Hello everyone,
I spent quite some time thinking about this, but when I could not come to a conclusion, I thought about posting this on the forum. I am an (experienced) real estate investor, been investing in...
I have a 15 unit apartment complex that I purchased at the beginning of the year. Most units are paying $550-575. I turned over 4 units so far and raised rents to $700. The other 11 units are still paying low rent (...
Hi all,Does anyone have experience with house splitting/house hacking?My wife and I are thinking about splitting a house, living in half and renting the other half as a STR.We are currently living in South Florida and...
Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
For starters, I live in an oilfield town. For me (and many others) this means living somewhere that has a huge influx of people and not enough resources to accommodate their needs. For example, storage units! Today...