Mario Arnone
Should I Use My Equity To Buy Another Property
Hi All: I'm a 55 year old newbie to real estate investing. I've had a triplex for many years and doesn't really cashflow well. Since I've had it for 15 years (only 9 years left on the mortgage), I have 200k worth of e...
James Friery
Need advise on this 21 unit pocket listing
Hi all!I'm currently looking at a pocket listing in Troy, NY. The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,...
Nick Horob
Closed on our second apartment purchase (Moorhead, MN)
My partner and I recently bought a 12-plex in Moorhead, MN. This is after we purchased two 4-plexes in Fargo, ND in March 2015 (we bought the 4-plexes for $165k each, 8.5% cap rate). So far, so good in finding decen...
Frank Adams
Not small apartment buildings
Hi all,I'm fairly new to MF/small apartments and have typically focused on smaller deals, 50 units or less. Recently however, I've been introduced to some much larger deals (100, 160...). I've been told that I may hav...
Andreas Mueller
Real Estate Market in 2024: A Bull vs Bear Case
Hello all BP! Thought I would share my thoughts on the market for the week: a brief, hopefully insightful, dive into real estate and/or financial markets.Today I'm talkin’ the bull vs bear case for real estate in 2024...
Scott Trench
Interest Rates are NOT Going Back Down in 2023
Responses to a recent poll indicated a sentiment among the BP audience that suggests that members of this forum believe that rates are going to decline over the course of 2023.
I do not believe this, and want to mak...
William Isaacs
Unique Short Sale Situation - Any Advice ??
This is a bit of a unique situation and I'm having a difficult time working this deal. If anyone can give some advice or share their experiences, etc. it would be HUGELY appreciated. Just so you have a little more inf...
Henry Peñate
Seeking advice (Beginner)
My wife and I are on our journey to become rental properties owners , as of now our plan is to purchase our 2nd home and put our primary for rent then refinance and take a equity loan on our primary and invest in a 3r...
Gene Hacker
CA lawmakers want an additional 25% cap gains tax for flippers
I am not sure how likely this is to pass but it is worth watching for anyone that invests in California or may wish to invest in California in the future. Basically, it looks like it is meant to target anyone buying a...
Mindy Jensen
Set for Life by Scott Trench
Set for Life by Scott Trench is our June title. What did you like? What needs more clarification? I'll even tag @Scott Trench in this post so he can answer your questions.