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Hello all!Created this BP account over a year ago and I have not signed on since, man i've been missing out! Making note of this as my own mental commitment to be more active on here.Anyhow, I closed on my first home ...
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All investors know the projection of rents (income) is a critical piece to a property analysis and valuation. It is easier in occupied MU properties but how about vacant or an under rented unit or units (the more like...
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I'm a small real estate investor that has 15 units. Our past BRRRRs have been financed by a HELOC on our primary home. It has been working out well but it only allows us to do 1 BRRRR at a time. So I recently met ...
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So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right n...
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Morning BP Community,I am on the hunt for my first multifamily property deal, I want to get an FHA to finance the property, live in one unit and rent out the other(s). As I am analyzing figures for all different prope...
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I recently moved to NC from NJ. I am a first time home buyer. I am currently in the last week of due diligence on a house closing. My current plan was to purchase a single family split level home to be able to rent...
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I'm in the process of listing a split-level home. I'm being asked how many "stories" the house has, but I'm not sure how to answer that. The house has four levels (basement/partially below grade level, entry level, be...
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Hi everyone,I have a unit that is in a 2 unit building of which each unit has an owner. The outside of the building is under an association but the inside is fully owned by the 2 owners (I am one of them). I have the ...
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Hello allI’m looking to purchase my first buy and hold rental property and had found a few duplexes that matched what I’m looking for but they are fully occupied and I would need the property vacant to perform the nee...
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We are currently evaluating our first apartment complex deal. Cap rate looks good but what is an acceptable cash flow per door for a small apartment complex? Say 10 to 20 unit? Thanks, Dustin