Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
After a heart-to-heart conversation with my realtor and myself, I've come to the conclusion that the multi-family space may not be for me...at least right now.
It appears that in my area virtually all the mul...
I am about to sell another flip, and I have been deciding rather or not to buy a commercial property to flip, for the reason that the banks are wanting too much for dilapidated housing that has all turned too competit...
My 11 year old daughter has about $12k in funds she was given from her grandfather. I have custodial responsibilities for that money. I was thinking of purchasing a property and I would be the credit partner and she...
Hi All!Currently looking to purchase our first vacation rental/second home with 10% down. We live in the metropolitan Washington DC area and as you can imagine, its pretty expensive to really pay 10% on anything here ...
Hey all,sorry for the short question here, just wondering if someone can help me with what I should be looking for from a cost perspective when buying my first or short-term rental.I saw a one bedroom one bath cabin t...
I feel bad. One of my tenants is in her upper 60's, she works for a temp agency and has difficulty paying her bills. She is never late and hasn't missed a payment. She's been living in the building for six years. ...
I bought a short sale for 315 in a 500k area, the home has not been painted before, the home should be painted but I want to keep the entire budget for the flip below 10k. I don't want to buy cheap paint but I don't w...
Hello All,It's been a long while since I've been on the forums, but I have finally decided to get serious with purchasing a duplex this year. My apartment lease is up in August so I have set a goal to be in a duplex b...
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!