Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
Hello!I recently signed up for a real estate investing coaching program through my local REIA here in Connecticut. I am considering requesting a refund for my down payment on the program for a number of reasons:* Ther...
So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...
I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...
I am curious how many investors went straight into multi family or even quickly into MF?What were your reasons for doing so?What did your first deal look like?
Hi everyone,I am looking for an IRR sensitivity analysis template, any suggestions on the best place to find one?Thanks,Kyle
I've got about $300k to spend on a home that offers capital appreciation along with some decent rental income (not expecting it to necessarily cash flow). Does it make sense to buy a larger house in the suburbs or a s...
I am speaking primarily from a cash on cash return standpoint.San Antonio, TXDallas - Fort Worth, TXHouston, TXLooking for your personal favorites and pros/cons of each market. I am looking at SFHs and 2-4 units.
I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...