Hello, My wife and I currently live in southern California and as you can imagine the barriers to entry are quite high over here. We are strongly considering moving to North Canton Ohio to be close to some relatives....
Just got a bite on an off market 48 Unit Complex. Details:- Built in 1986- $780k in renovations since 2017 that include: new blacktop, all new roofs, new windows, new sidewalks, new landscaping, new on-site laundry, n...
One of my tenants does flooring for a living. He asked if he could put new carpeting in his apartment, and said it wouldn't cost me a thing, that they had plenty of leftover carpeting to do the entire unit, and that h...
hello ,I'm new at this, I have two tenants that rent a house from me together, each one moved in a friend. I found out all are splitting the rent 1/4 each. so far no problems . I was wondering if I should increase th...
I'm hoping for suggestions on ANY possible way to make some money on a packaged multi-family deal I've just inspected (off-market, but broker involved). At this point I am leaning to walking away from it. The deal i...
I was wondering what everyone thinks a houseing bubble is.No wrong answer. My idea is that areas that the average home is $250,000 will feel the effects of interest rates going higher I don't think it will drop nearly...
Hello fellow BP'ers. Recently I have bought a duplex in Madison WI as my first investment and am looking to keep the train rolling. I work a lot of hours at my job and I have eliminated most expenses in my life. I hav...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
This week we've got another great new Podcast featuring a familar face from the BiggerPockets Forums, Brian Burke. Brian is a full-time real estate investor that currently has hundreds of rental units and flips more t...
People have asked me how I was able to own 1,000 apartment units. It seems impossible and too good to be true.But it's really NO BIG deal. I've been doing this since 1999. Other investors who figured this out actually...