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Over the past few weeks a good friend of mine and I have discussed the potential of starting to invest in multifamily properties together. Both he and I have dabbled in rentals alone in the past, transitioning former ...
Good Afternoon,
I would love to get some input on my situation. We bought our first unit ( 3 BR x 2.5 BA) in February 2022 its currently rented out through March but is not cash flowing due to a few incorrect estimat...
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This is another good short sale article entitled Short Sales Are Hot but They Also Incur Risk, Loss" from Mortgage Servicing News. Requires log-in...but free.
Some good bits:
-400K Short Sales a year. Over half in ...
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What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
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Something that's kind of been tickling the back of my brain for a while.Two common themes of BP, and REI in general:1) "You make money when you BUY real estate, not when you sell. Whatever money you 'earn' when you se...
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** This Thread is for high turnover hostsBuy the cheap ones at TJ Max and replace them every 4 months or buy the $100 sheets at Macy's and hope to replace them less often? More importantly.... Do you have a link to th...
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Ok, so.... When I first started investing a few years ago, not only did I lack most of the investment knowledge I have now, but I also lacked the ability to go to a bank and ask for a loan for an investment property. ...
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History is replete with stories of heros setting out to search for nearly unattainable objects that will grant the finder with great reward. Jason and his Argonauts sought the golden fleece, King Arthur and his Knight...
Long time lurker, first time poster… let me start by saying a big thank-you to everyone here for what I’ve picked up over the last few months – very valuable resource. Sorry for the long lead-up to the question…
I’...
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Biggerpocketers,There is an opportunity to purchase 25 units for just under $1M. It is a mix of 14 multifamily units consisting of 2x duplexes and 2x 5-units, plus an additional 11 SFRs in various towns on the east ...