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 ...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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