Scott MacDonald
Background Check Tenant
Hi All,I purchased a duplex last year and the tenants were in place. I have had zero issues with the tenants (other than they can be slow to report broken things) on both sides. One side comes up for renewal the end o...
Hector Bermudez
Help with Direct Purchase Deal from Owner
Hello Fellow BP members. I am looking for some input on process from more experienced investors. Here is the background: I am looking to purchase a duplex out of state; directly from the owner. This is going to be ...
Kico Mendoza
Broke newbie seeking financing advice.
Hi all!
I am looking to jump into the real estate game. My goal is to flip houses in my immediate San Diego neighborhood and hold on to some as rentals. We also have great older 4 unit attached multi-family's in and ...
Jorge Abreu
READY, SET, INVEST! Let's Go!
You are ready to invest, but where do you start? And once you do, what can you expect?
FINDING A SPONSOR
Arguably, the most important tenet of passively investing in multifamily real estate is establishing a high...
Michael Lleverino
SD IRAs
SD IRAs - I'm considering establishing a SD IRA (TX) to buy rental and flip properties, but first wanted to get some feedback from the BP family to better understand any challenges buying through this medium. Basical...
John Hickey
Brooklyn Multi family rent control question.
Found an interesting deal in Bushwick.
Need to do some digging to see if it's a deal. 8 family 1.7m. Building has been under 7A management for years. rent roll is 6k per month. I know the taxes are 8k. No cash ...
Pete S.
Newbie in King of Prussia, Bridgeport PA, Looking to Plug In!
Hi All! I am Pete Smith from King of Prussia, PA. Looking to house hack my way into and through my first year in a multifamily in Bridgeport, PA and having a blast researching properties (both online and in the street...
Mark Neiger
Target IRR for Multi-Family
From what I've gathered from the experienced investors here I should be evaluating properties based on the IRR. I know how to calculate it but I don't know what is considered a good, mediocre or poor return. Could som...
Jason F
Setting up an excel spreadsheet for IRR
I want to set up an excel spreadsheet to calculate my IRR on purchasing a note.
I have on the spreadsheet how to set up the loan terms to spit out a payment for each period (1-360). I'm looking for the forumla that w...
Eric Hathway
What rate should I expect to pay on owner financed 2nd mortgage?
I am considering a 11 unit building for $700k in NH and only have 10% down. My bank requires 20% down so the owner said he would give me a second mortgage at a rate of 10% for either 5 or 10 years. Is that a high rat...