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I have found a 2 unit multi-family property selling for 750k. Taxes are $15k/yrRent roll is $4300/mo, or $51,600/yrSo gross operating income is $36,600 not taking into account vacancies and other potential expenses.Th...
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Hi All,Just wanted to see if there are any Gainesville FL investors around here? Looking to do more business there in the near future.
Hi BP community,I've been a lurker for a few months but finally decided to join the BP community. My question is regarding purchasing homeowner's insurance for properties held in a single member LLC? I've read that ...
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Hi BP,Looking to buy the first multifamily in San Diego. House hacking and potentially doing long-term / short-term rental.What's a good area to buy around 700k - 1M with good cash flow? Is there any regulation to pay...
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Really. Can't make this up. I had to coach him through changing it over the phone because the closets have linear fluorescents, and he didn't know what to do.
I'm focusing on the day job now, but I had to share. (...
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Hi BP experts, I’m a busy professional in the Bay Area, trying to get into property investment. I don’t have time for all the house flipping or maintenance, so most likely just want to get a rental property to provide...
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Hey everyone,Last year, I started looking at multifamily property in Oakland to house hack so I could live cheaply / free while building equity. While the cash flow and numbers can work with the right property, I thin...
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I'm under contract with another Indiana SFH. My realtor has concerns about the neighborhood (at boarder of Gary and Merrillville), but my property manager thinks it's no problem to rent it out for $1,200/month. Plea...
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Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
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Home prices dropped in 2008 and I heard a story from a colleague of mine that they lost their house because their home was not enough collateral for the loan. So my question to all my BRRR and 2008-era investors - ho...