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Hello,I am a new investor and would love to get feedback from this forum regarding this deal I came across. Below are the details.According to the spreadsheet I am using this seems like a good deal. My taxes estimates...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fort Lauderdale.
Purchase price: $310,000
Cash invested: $200
Closed on our first duplex! Purchased it for $20,000 below ...
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How does making an extra say $1000 towards mortgage principal affect the mortgage? For example if I pay an extra $1000 on the 15th, would that reduce the amount of interest I pay next month since my mortgage balance i...
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My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...
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Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
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What are some strategies to make rentals cash flow with current rates?
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Hi all!I always love listening to the different podcasts that are made by people in the BiggerPockets community such as this one, Wiire, BiggerPockets Money Podcast and more.
As a native from the Raleigh, Durham area...
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In the face of a transforming housing landscape and tightening availability, California has embraced Accessory Dwelling Units (ADUs) as a beacon of opportunity and practicality. Bolstered by state laws, cities, and co...
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I am in the infancy phase of even exploring this idea, but was curious to see if any other apartment operators have looked into installing solar panels on their buildings to reduce utility expenses? My gut says there ...
Hello,
I'd like to hear folks' opinions on adding a third business partner into the mix for part time RE investors.
About a year ago, my brother and I bought our first property (multi-family) held ...