Adam Gregory
How to Fund 60 unit apartment acquisition with Zero funds
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Account Closed
Who's Been Swimming Naked?
The tide is going out, and we're about to find out who's been swimming naked. There have been some very significant things going down in financial markets of late. I'm not calling a crash and I'm not claiming I know t...
Account Closed
Why are rental repair/maintenance reserves a percentage of rents?
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
Paul B.
Is now really the time to buy real estate?
I was talking to a friend about how I think now is a great time to pick up some SFHs and small MFs on the cheap (we're talking about an average of $40K per door), and holding them for current cash flow (rents of 1.5% ...
Daniel Winsor
Whole Process - First Multifamily - 2 Unit in Key West, FL
Still learning, so I figured it would be good to keep some running updates on my progress with this!This is my first purchase after getting involved with BP. I had purchased a SFH when I lived in CA because I “fell in...
Daniel Lin
One way to cashflow rentals - not paying property taxes
Here is a case study on investing out of state for us California investors and being a landlord of section 8 housing in lower end markets.
Anyone attending the tax sales in August?
Million dollar tax bill owed in ...
George Harris
HELP!! Jumping into the Multifamily / Rental Property "deep end"
It's a long post, I apologize, I won't make it a habit. This is my first post and I've waited a decent amount of time to make it. The forums on this site are phenomenal and I've literally been a sponge the past few mo...
Chase Romine
First 5 things to do when first learning to invest...
Could anyone list a few things I should do to start? Just very basic things that could help get me in the right direction of knowing what I need to know and who. Just some thing that I need to do to begin? Thanks!
Griffin Malcolm
Getting Bids From Contractors
How do you guys actually go about getting bids from contractors for rehabs? Is it before you buy or after? Seems risky waiting until after the purchase when holding costs will start to pile up, but it also seems silly...
Michael Leffelholz
NJ Newbie-Sort Of...
Hello All,
I have been lurking on the BP site for a couple of months and thought I would finally step out of shadows and introduce myself . My name is Michael and I'm from northern New Jersey. I am interested...