My name is Richard and I'm looking to jump into my first real estate deal! Exciting stuff, I know. I was hoping to find a mortgage broker that has done deals with multi-family properties that can assist me with my fir...
Hi All!What all steps should be taken to prepare property for the winter and cold months? This past winter, a property over 100 years old that I have, had an issue with the pipes freezing and the furnace going out. Ju...
We are looking at developing a city block into several MF units (per city codes). We are looking at way as to finance this new project. What have you found as the best financing for new construction of investment prop...
I am fairly new at landlording. I've been at it maybe 2 years and have had mostly positive experiences. I have a few section 8 rentals. An older woman just moved in a SFH and complains of being constantly cold. Sh...
Hello,Does anyone here remember how the multi-family and small apartrment building prices were affected by the sub-prime mortgage crisis in 2008? Was the impact relatively minor or huge? I understand that the affects ...
Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. Has anyone taken this course and if so what is your take on the business model and the course itself?Thanks,Kyle
So I have this SFH in AZ that we've been using as a vacation rental...Have had it a couple of years and have been happy with the amount of time we've had it rented. We've even had summer renters, believe it or not. On...
Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...
Hey Guys,I literally just became a Pro member and have been looking at REI for the last month. I am very new to everything but I consistently hear the stories of how hard work pays off, and love that aspect of this pu...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Tempe.
Purchase price: $705,000
Cash invested: $170,000
Our first multi!
What made you interested in investing in...