I have a townhome near the beach, no mortgage and would sell today for $300-315k. It's currently rented at $1950 per month, taxes are $2900 per year, HOA is $3108 and insurance is $850. As you can see, I'm not making ...
My first STR cash flows. The second STR is not cash flowing. It’s taking the profits from the first STR to pay the bills. Question- Do I sell the under performing STR? And reinvest in something else? Or ride this...
Hey FolksNovice investor here looking to make some connections and form a team in Columbus OH to start investing in Multifamily/BRRRR/LTR/MTRs. A little about me: Working a W2 job in Seattle, just rented out my previo...
So some of the things I hear from real estate are.
1. Every one wants to be in multi family
2. 50 units or more is ideal.
With that said, what are people paying for 50 or so multi family units?Rather than buy a sf...
Hi All,I have an opportunity to purchase 2 off market properties SFH at a significant discount. Comps support and the asking price is very fair. My hesitation is that the geographic area isn't ideal and both propertie...
Hey everyone at BP,A little background about me is that I have owned/ managed 7 units for the past 5 years and had been pretty good at doing my own DD and selecting ideal tenants and haven’t had any issues. This past ...
Hello all!Does anyone have a good reference/guide for distinguishing the property classes? Seems like everyone has a different definition and I have trouble remembering.Appreciate any help!
Hi everyone! Just put in an offer on my first rental property. I love the building and the area! There's some updating that needs to be done and the rents are a little lower currently due to long term tenants. It look...
Hey so I am planning of investing into real estate in the next year or so. I just have a few questions. What would be the best strategy, I have two different options I am considering and looking for a little guidance....
Hi, my name is Peter Kim and I am a real estate lender/invester in the Coachella Valley, most commonly known as the Palm Springs area. I live and work out here full-time and play ice hockey in my spare time.