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Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...
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To start off, this is question post, not a solution thread. I have been thinking and planning on deploying the BRRR strategy over the past few weeks. While meditating this morning (I'm trying out the miracle morning r...
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I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
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Hey guys, Here is my dilemma, I bought this house for $100k. I’ve spent right around $30k in it. My realtor is telling me to list for $189,900. Good profit. That was my goal. But, the more that I listen to podcasts...
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I'm looking for some advice here. We're selling our house and have been in escrow for 31 days now. The contract states 18 days for financing contingency removal.Basically the buyer's mortgage broker and the bank (Chas...
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So I want to throw something out there to see if it's just me or if anyone else notices the same thing. I see posts all the time where people are hating on wholesalers that tie up a property and then never close beca...
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Hey everyone, I've been exploring markets outside of the greater NYC area, primarily for better cash flow opportunities, and have been doing a deep dive into Cleveland, OH. There have been some very informative posts ...
In your opinions is it better to buy one property cash and collect additional cash flow each month (Until you have cash to fund your next purchase) or buy multiple properties with 20 percent down payments? I feel as ...
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Hello Bp,
I wanted to hop on here and write about what I have seen in my backyard STR market in the Pocono Mountains of Pennsylvania. For Transparency and details on my background, I am a licensed realtor in PA an...
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