Devin Haertling
Multifamily in Metro St Louis area on Illinois side
Looking for advice on the market for multifamily in metro st louis in illinois. Looking at Shiloh, Belleville, Fairview Heights, etc.Anyone with ideas on the market?I currently own 6 single family 50 miles east of St...
Gregory Schwartz
Adding a duplex to the portfolio
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $210,000
Cash invested: $56,500
Purchased this house this December for 210k (immediately appraised for 228k)...
Jordan Thompson
Recently acquired duplex for $29k req some rehab-need advice
Good afternoon and happy NEW YEAR,Recently purchased a Brick duplex (3bd,1.5ba & 2bd, 1ba) for $29k approx one hour north of Indianapolis, Indiana and I am very satisfied with the deal. My experience entails of m...
Aaron Rouser
First Purchase & Lots to Learn - SF in Saint Paul
Hello BP community!
My wife and I bought our first investment property back in June in Saint Paul, MN.
The residence is a two story 2BD/1BA with a single stall car garage. It has 1050 square feet of finished living...
NIcholas Hamel
Does Velocity Banking work????
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
Leonard Sanford Jr
Renovations while house hacking
Hello All!Brand new REI here and I am looking to acquire my first house hack. Everything about the property fits my criteria, and I am optimistic that my offer will be accepted! During an initial showing, I noticed th...
Chris Martin
Rental prices don't always go up
I had a discussion last week with a REI guy who basically said rents never go down. While I politely disagreed, he insisted it was true. Indeed, for him and his limited experience, rents always go up may seem factuall...
Dave Younts
Help With Analyzing an 8-Plex
I could use some help with this one. My current situation: - 1 SFH ($500k market value, $340k mortgage, breaks even on cash flow but is in the hottest zip code for appreciation in the city right now due to major com...
Michael Swan
What is your Return on Equity?
Hi all,Has anyone here ran a calculation of your return on equity? To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE. Right? It i...
Account Closed
investing in low income strategy?
hello everyone, I'm a newbie looking into my first investment. I currently have been centering my search in more middle class areas, but the prices are a bit high. my question is this. how is it going into low income ...