Jerry Parks
Need your thoughts on a possible subject-to deal?
Hello BP Community… I’d like to request your opinions on a deal.I am looking to purchase a 4-plex. This property was previously under contract by a house hacker.Unfortunately, his financing fell through.But fortunatel...
Susan Armstrong Fisher
Can Multi-Family Under 60 Units be Effectively Prop Managed?
A reputable apartment investing mentor with a program out of Dallas, Brad Sumrok with the Rat Race to Retirement program, says that anything less than 60 units will not economically justify the costs of professional p...
Christian Thompson
Comps on 3 duplexes. Residential or Commercial?
Hey Yall!
I am currently working on a off market deal. It's 3 duplexes. They are right next to each other with the third duplex being behind one of the others (2 duplexes on the same lot). I work with seller. He is ...
Adam Beckstetdt
How to make nicer Duplexs work
I have been researching some nicer Duplex deals and the ones I come across are listing for 160k+ when the rent is only bringing in $1500/month. There just doesnt seem to be enough meat on the bone in deals like this b...
Allie Schraeder
Handicap Accessible Apartments
I was talking to a guy at work who's in a wheelchair, and he said he's been looking for an apartment in the area for over a year now. He'd need a ramp or elevator, wider doorways, and a larger bathroom with grab rail...
Mike Rubin
Purchase a 2nd property or payoff the 1st property?
I have a question as to what you all feel is an appropriate course of action in the below scenario:
In 2013 I purchase a multi-family unit and still work a full-time job. By the time 2015 rolls around I have more tha...
Feroz Penangwala
Are You Actively Investing in Real Estate?
Hi everyone, I’m curious—how many of you are actively closing real estate deals right now? Are you finding the funding process smooth, or do you run into challenges?
I’ve been involved in lending for a while and know...
Nicolae Iovu
New construction for rental, good or bad idea?
Hi everyone,I’m trying to invest in real estate and I’m not sure if the plan is a good idea, and I need your help. I want to invest in new constructions SFH and put them for rent. I’m a new General Contractor and buil...
Michael Hutchinson
Buying second multi-family
Background: I have a 8 plex where I have about $200k left on loan at 5.95%. I have rehabbed it and raised rents from $375 to $700 with full occupancy. It should value between $850k-950k I think, but haven't tried y...
Elin Trinh
What are your thoughts on Edinburg, Texas?
Hi BP Fam! I am investing out of state and I am looking at Texas (like everyone else - I know). What are your thoughts on Edinburg Texas? When I run the numbers there they make sense, but I dont know much about the...