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I am going to preface this with I am a completely new investor (0 deals under my belt, but will buy at least one property in 2018). I would like to do some variation of a house hack in San Diego (ADU/SFH-MFH conversio...
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Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
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I am having a hard time figuring out what an “ideal” rental property looks like. Does it need to cash flow a certain amount? Do I measure it by the cap rate? Cash on cash? A certain amount of equity in property? Would...
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Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
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The title essentially sums up the question. I'm sure there are many out there who live in markets that have a high financial barrier to entry and have thought about investing elsewhere.
As a first time investor, I'd...
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I am currently negotiating a purchase of a victorian 4-plex.
The pros:
Amazing location in one of Portland's hottest neighborhoods.
Immediate upside potential-rents could handle a 20% increas w no improvements; 30...
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I've been listening to Kathy Fettke's podcast on the Real Wealth Network, and they are lined up with affiliates in different areas that provide turnkey rental properties. Some of the numbers look very good for being ...
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Hey BP family hope all is well.
My goal is to get a property under contract to either wholesale or partner with someone by the end of the year. If not I’ll at least have moment going into the new year but I am laser...
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Hello, I am a new investor in the Minneapolis area, and I am starting to look at properties-- I'm finding most if not all of the multi unit properties I'm going to see are 100+ years old... wow! While they have underg...
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Hello BP community,I'm a 38 year old from Hood River (1 hour east of Portland), Oregon. I've been soaking in the BP site and podcasts for about a year now, and have finally signed-up. I began REI by moving primary r...