In my local market, a multi-families in our A or B parts of town with a Cap rate of 5.5% will usually fly off the market in a few days, often with multiple offers. In the few C parts of town, that cap will have to be ...
I just had 2 days worth of work done in my first investment property.I paid the GC half of the job's total before work began.It all took two days and I'm pleased with the results. Upon reviewing the work last night [a...
Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...
Hello everyone, I've been an active investor all along and recently embarked on passive investing since my family needs are catching up. I looked at this site crowdstreet which has sponsors promoting Large multfamil...
Hey guys! This might be an obvious question but I'm 20 years old and im obtaining my real estate liscense in about 2 months. I'll be working with 2 top producers in my area(Southern California)as my mentors and I'm lo...
Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
Hello fellow BP'ers.
I own a 4-Plex apartment. There are 3 neighboring 4-plexes, and we all share a US Post Office provided cluster mailbox that is located outdoors on the sidewalk.
A tenant called me and complaine...
Hey everyone,
I have read several multifamily books/resources and am still looking for more to read. In my experience, many of the books had I ordered/read were very simplistic and skeletal (not much meat and potato...
Hey everyone, this is my first post on the BP Forum. I have been listening for a while to the podcast and I've also read the UBG and trolled the boards a bit. I am finishing up my student teaching experience this s...
I live in Jersey City, NJ and work in NYC in the IT profession. My real estate experience is limited to purchasing my primary residence but have always tried to keep up with my local market. I am really impressed wit...