I personally built & own a 12 unit, 100% occupied (for last 3 years) multi-family , with 10.5 % cap, $115K gross inc, on 3 visually appealing acres, located within 3 minutes of a major military base (yet I have 50...
I'm looking for your thoughts or alternative ideas about this. (I will put my own disclaimer here for my own and anyone else's posts. Not I, nor anyone posting is a legal professional, etc.)The details, quick and di...
Is it inadvisable to use a personal line of credit of $10k to put towards my down payment? The interest rate is slightly higher than 10% (less than a credit card, more than a mortgage). Trying to squeeze blood from a ...
Hi Folks - I am fishing for more advice from the experts in the forums here.
I am getting increasingly serious about purchasing an office building here in Denver in the next few months.
My rationale:
- Office is...
Hello BP! Can any experienced investor share their process for determining their personal target Cap Rates? I see a lot of blogs and listen to podcasts where seasoned investors have a distinct target for this number. ...
I am in CO. My husband and I own a primary residence. We took out a HELOC on it along with borrowing against my 401K to buy, reno and rent a rental property. I have the real estate bug in my blood and I want to build ...
Hey Folks, I'm a fairly new RE investor. I recently have moved to Frisco, Tx from 2014 from midwest and boy the market is hot here. Properties have shot up like crazy in the recent past. I would like to invest ho...
Hi all, I was looking at a $80k house that's in OK shape except for a hole in the one of the ceiling and an odd small patch of mold in a damp spot in the basement stairwell, not a from a leaky pipe in a ceiling. Likel...
I have a SFR rental property that I own free and clear. I’ve had if for just over two years and and have had good experiences so far with being a landlord. Now, I would like to take another step into REI and go after ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $91,200
Cash invested: $70,500
The nightmare scenario they warned me about on the BP forums!
...