Bare with me, this is my first blog ever. I was recently blessed with the purchase of my current home. It appraised at $575K and we paid approx. $527K. We put down about $21K and financed $506K. (It is a VA backed ...
Super newbie analysis question here, but...When calculating the Cap Rate for a Multi Family property that I intend to house hack, is it recommended that I use the NOI based off of the rent income only from the units I...
Hey BP folks. This is for CPA’s n here. Is it too late for me to begin an accounting/finance career? I’m 28 almost 29 this year 2018. I’m currently in oil field fracking. It’s a physically demanding job and this Texas...
Hi BP Community!As you know, real estate is a constantly evolving industry that is influenced by a variety of economic, demographic, and technological factors. In recent years, the real estate market has experienced s...
I currently own a duplex in the Kittery, ME area that I have owned for the last 10 years. The idea from the start was to pay off the mortgage and collect the rents to supplement my income. Recently, I purchased my for...
Below are my numbers and a link to my budget sheet on the DIY flip that I just sold here in Denver, I hope this is helpful! The project took me 5 months, and I acted as the GC, agent, and drywall enthusiast. I hired s...
I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
Yosef Your Brosef’s Night and Weekend Multifamily Journey #2: 68 Unit apartment just closed last Friday following 44 Unit closing 3 months ago. Currently have a total of 112 Unit as GP since beginning my journey about...
Multifamily Apartment Syndication takes advantage of economies of scale to enable your real estate investments to be truly passive by pooling money with other investors to buy larger assets that can support a full tim...
Investment Info:
Condo buy & hold investment.
Purchase price: $1,300,000
Cash invested: $143,000
I am an enthusiastic real estate investor who acquired a remarkable condominium in the highly soug...