Hey BP!My cousin and I are slowly working into a partnership. He recently refinanced one of his rentals and doesn't know what to do with his money while we find a deal. He doesn't want to let it just sit in the bank a...
I’m finishing a renovation on a 4plex, and am trying to figure out my next step. I am going to do a cash out re-fi, but would appreciate advice from here. Appraisal should come in around $550kOption 15.25% for a conve...
When analyzing small or big apartments, does the 1% & 50% rules of thumb help investors know if it's worth looking further?
If you had $1M in equity, what would be your strategy to invest in multi-family assets?
- Fixer-uppers?
- Cash flowing?
- Leverage an asset as high as it will go?
And why?
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $25,700
Cash invested: $12,000
4br, 2ba in Columbus GA
What made you interested in investing i...
Gardner's Basin is a pocket of Atlantic City in the inlet area. It's away from the Casinos and is not nearly as distressed as most of AC. It features the AC Aquarium, great views of both bay and sea, fishing, charter ...
Renting out property can always be a gamble, with the risk of a bad tenant who could, for example, smash a hole in the wall or bail on paying rent. In either case, the landlord is left financially liable.But could lan...
Hello All,Does anyone on here prefer to build and flip the new construction?The market where I live has become extremely tight, I started flipping homes and slowly had to shift my business to buying spot lots to build...
If I am taking out a loan for repairs, how does the BP calculator include this in my "monthly cash flow" and "cash-on-cash ROI"?Does the calculator know I am taking a loan for repairs (in which case, I will enter the ...
These are the numbers on a prospective multi unit property in our area. I understand the vetting of the deal and do own one other 3 unit property near by that cash flows well. My question here is how do I structure th...