Rudy Cecere
How much does it actually cost to buy a rental property?
Hello, I am a 20 year old that is planning on acquiring my first rental property sometime this year. At first I thought that saving up $5,000 would suffice, but after working at a real estate development company this...
Lokesh W.
Disadvantages of Reducing the City Assessment?
Good Morning,
My properties’ city assessments (Milwaukee, WI) are increasing and I guess this will be followed by an increase in tax. This includes my primary residence. I don’t plan on selling them anytime...
Ben S.
Garden City Apartments - Value Add Investment - 40 Units
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $2,000,000
Cash invested: $560,000
This 40 unit value add investment presented us with an opportunity ...
Nathan Auclair
Cash to close -how do i minimize this?
I recently bought my first multi-family. I offered 7K above asking, minus closing costs. Still, I had to bring over 8k to the table for "cash to close". Is there anyway to mitigate the amount of cash you need to bring...
Derek Cheng
Owner Occupied Rentals
Hi,I am a new investor in the capital district area in Albany NY. I am looking to do an owner occupied rental. Most of the calculators I've seen from a variety of sources don't really discuss mutlifamily analysis if t...
Elizabeth Williams
Is This A Good RE Investment???
Hello BP!We are new to investing in multifamily units and need some confirmation on if we're going in the right direction or not. We live in California and are on the last day of our due diligence for a duplex in Atla...
Justin Hunt
Hello from the UK to the USA Bigger Pockets Community
Hi everyone. My name is Justin.I have worked in the property industry in the UK for a number of years, in Property Management and Sales of Rent 2 Rent holiday villas around the Mediterranean, as an Estate Agent and De...
Jeff Tumbarello
Here is an interesting twist
Par for the course, the pundits are wrong again. The down turn was going to keep people working. When you are 59 and laid off, your best bet is to retire.
http://www.latimes.com/news/nationworld/nation/la-na-retireme...
Jason Frink
Out of state investing tax benefits.
Hi BP Family,I live in California and am about to start investing out of state. I have a CPA that I've used for years but when I brought up the investment to him he said my wife and I combined make too much money so t...
Thomas A. Rufo
Short Term vs Long Term
Hello Everyone,
This is my first post on the forum. My wife and I currently own two identical condos (3 bedroom/2 bath) in the same community. We were married over a year ago and I moved into her condo and we put t...