The house is in a non appreciating area....section 8 renters will be my tenants. Not sure if the numbers will allow me to refinance enough cash out for another project. At 10,500 purchase price cash from my pocket....
It’s been a very exciting and yet a turbulent experience in terms of bringing enough cash to the closing, passing and knowing about rigorous FHA guidelines for the first time, as well as fixing a major credit issues ...
I own an up-down duplex and currently live in the lower unit and rent the top to an inherited tenant. He was a great tenant for the first 8 months or so but that has changed in the last 6 weeks. I am changing the fron...
Early in January, our duplex caught fire, destroying the bottom unit. We fully renovated it and placed the tenants. This is our best performing property and I really don't want to sell it, but after getting a notice a...
I just completed the home inspection yesterday and by walking through the units (3 of which are currently occupied), I know I want to rip out carpet and put in new floors. One unit will be available for me to move in...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Hello everyone.
I was introduced to the real estate investing/entrepreneurship lifestyle later in my education. I was already enrolled in my master's program when I learned about this whole other world and what succe...
Checking out this one 29 unit apartment building now and spoke with the current PM who mentioned that:Most tenants are on government assistanceBuilding is old but condition is fairGreat cash flow. Converted hospital t...
Say there are some partners in an investment and all partners are involved equally, there's no preferred shares, waterfalls, etc. Each partner has a percentage interest according to how much money they have put in ...
Hello fellow big pocketers,
Are there any commercial apartment investment business owners or potential owners that can guide me or give advice?
My pipeline is getting moist with potential deals coming to the feas...