![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/543449/small_1621492184-avatar-sheas1.jpg?twic=v1/output=image&v=2)
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2698876/small_1694709441-avatar-audreyp20.jpg?twic=v1/output=image&v=2)
Hi all!This is my first time posting something here. I'm kind a newbie. I bought my first and only rental 2 years ago in Cleveland (I live in CA). The former PM found a tenant quickly. They left in December (without p...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/924235/small_1694920109-avatar-hectorr31.jpg?twic=v1/output=image&v=2)
PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1347845/small_1637251959-avatar-robertt283.jpg?twic=v1/output=image&v=2)
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140713/small_1621419014-avatar-kileex77.jpg?twic=v1/output=image&v=2)
Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/677718/small_1734730754-avatar-tylerjahnke.jpg?twic=v1/output=image&v=2)
Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/96262/small_1621416830-avatar-erty56.jpg?twic=v1/output=image&v=2)
I'm curious if anyone on this forum has had success with out of area or out of state rentals over the long term. Investors in expensive parts of the county often have to go far away to find good cash flow and good nu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...