I am looking to buy my first rental property (SFR). I have a substantial amount of equity in my primary residence, which would allow me to get a HELOC and thus, cash, to start investing. Are there any cons to this r...
Great cash flows in Springfield (Ohio) market with a VERY strong rental demand. HOWEVER, no reliable property management available. Obvious business opportunity with lots of inventory for a reliable property manager. ...
Hello fellow BPers,I've been reading, analyzing, and learning about deals for some time but haven't had the courage to take the first step yet. This year I plan to buy my first multi-family property (using a buy and h...
Hello all,My name is Sydnie Medina, a 24 year-old graduate of the University of Michigan. I am new to BE and the real estate industry. I currently work for a large chemical company near my hometown on their procure-to...
Hello BP - long-time reader and fan of the content here, first-time poster.I am working with long-time family friends and buying flipping properties in North Carolina. They are experienced rehabbers, but tend to reha...
Hi all, Been a long time poster on BP, investor, and house hacker in the DFW market for over 5 years now. Also currently an agent that runs a team and have some great house hack agents on that team as well. Wanted to ...
Hello BP! My name is Cameron Dirck and I live in Chicago, IL. I recently graduated North Central College in Naperville, IL and am so eager to tackle my 1st multifamily deal. I am going book crazy and probably driving ...
Have a situation that I am trying to figure out the best resolution.
Bought a house with a large lot in July 2012. Spent two months cleaning, fixing, renovating inside and outside.
During the process I replaced all...
The importance of a good team is mentioned over and over again. The reasoning behind it makes total sense. For a first time investor when is the best time to bring on those team members? Our goal is to initially do...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $596,000
Cash invested: $177,000
This property is a five-unit multifamily building situated on a 7,800 square...