Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...
I’m am having a hard time creating a plan for getting started on my real estate business. I feel I don’t know enough information to feel confident enough to guide someone in the process of buying or selling real estat...
Hey, and thank you in advance for reading my post. I have been reading these forums, listening to podcasts and reading books for the last two years on REI. I just recently finished my residency and started earning a m...
I am going to share my journey building my 16 bedroom assisted living property in Iowa. This will be my first time going into assisted living care. It took me a long time to get this deal done approximately 1.5 year...
Hello BP community! I was wondering what other people’s experiences and thoughts were on providing yard maintenance to the tenants of a SFR.Right now the tenant is responsible for lawn care; I was considering providin...
I have a challenge with my current realtor. My flip property has been on market for 70 days. Since it’s listing it’s drawn 2 site views, over 400 views online. At what point should I consider switching brokers to take...
I own two out of state SFRs in Memphis that I purchased from a turnkey provider about a year ago. I’m looking to add a few more to my portfolio but I’ve had a hard time finding properties that fit my investment criter...
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Does having diarrhea make one an Expert on Toilets?
Just because one investor, in one part of the country, during a specific time period, uses a specific technique (s) to make money in real estate, does not make him...