As a realtor who specializes in 2-4 units I have first hand noticed the actual NEGOTIATED NET PRICES have fallen now on the 2-4 units. We are getting deals contingent 15-20% below comps from 6-12 months ago. You will ...
Hi everyone. New to real estate investing. A little nervous but desperate to get out of the rat race. Looking to try out the BRRRR method. Hoping to get some incite. Any advice would be appreciated.
I recently purchased a duplex on a quarter acre of land with city water and septic. I initially wanted to build another duplex on the land but due to septic constraints, I can't. What are some other things I can do wi...
The single-family home rental business is less profitable this year compared to last year across most of the country with yields decreasing due to increases in cost of living. That is why it is more important than eve...
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
So I'm working on my first real Estate deal. The seller is someone I've known for a long time and we are going to work out a seller financing option next Saturday.I don't know if anyone has ever done a deal like this ...
Hey everyone ,I am a newbie investor. I am looking out of state because where I live in California is just to expensive. As a newbie I am looking at homes that are “turn key” and could get 4-5% annual CoC. I know p...
In a normal market, owners of multifamily properties typically consider selling for the following reasons: personal health or fatigue, political and economic uncertainty, government over-regulation, physical or functi...
Hello BP, I am evaluating a 4-plex in the Austin, TX area. The last tax assessment was for $395k in 2015 (~$9k taxes based on 2.2% tax rate). However, in the meantime, a similar property to the one I am evaluating sol...
This might be my most controversial post ever…that is, until you see what I have to say.
And what I’m talking about is cash flow – and you’ve been lied to about it. Ok, maybe not LIED about it. But it has been GROSS...