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Has anyone built multifamily as a first investment? If so would they start that way again and how would an investor be compensated on property intended for cash flow
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Price 1% rule =desired rent79,9000.01799price 79,900closing co 2000monhrent 831.00 total cost82,731 Loans price 79,900Down % |downpay1198515.00%total loan67,915 Money Needed =14,816MONTHLY ESPENSES PAYMENT$...
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Greetings!
I would love to hear some general & personal advice on analyzing a multi family property. Specifically, in this case, a quadplex. I have been doing my research through readings & the BP podcast. ...
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It was a hard fought battle over a few months. I just closed on a Triplex that generates great income and the rents are currently below market average. Already working on #2...
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Currently, I am under 18 and looking to buy my first rental property once I graduate high school. I was wondering if it is common practice whatsoever to install solar panels on rental properties? I feel like this coul...
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A question that comes up ALL THE TIME on BiggerPockets is this: "How do I get started in Real Estate without any money?" I think that it's fantastic that people are ambitious and want to change their lives for the be...
First time poster and investment real estate buyer! I am 30 years old with 2 kids and my wife stays at home. Decided to get into rental real estate to supplement my advertising sales job. Located in Effingham ILL...
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I was just affirmed that my competitive spirit is alive and well. At times I wonder if, since entering adult life, my competitive spirit has died. I'm sure this is one of the things that has been driving me toward r...
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Hello folks, I've been going after my dream which is to own and operate an apartment complex. I know a few things about analyzing a commercial property value by the income it produces. My difficulties are in...
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Hello Bigger Pockets Family We have been purchasing long term rentals for a while. In the last year or so in our state of North Carolina prices have soared.My question, I know this may sound like a rerun, are any of ...