MULTIFAMILY FROTHYSo I have been saying this for years now. The cap rates multifamily is trading at is crazy.Lot's of sellers pushing the idea of never ending above historical market rent growth and little to no vacan...
Hey BP!I was just informed an offer I made on a West Philly home has been accepted and we are starting the closing processes. I will be house hacking a triplex with an FHA loan and inheriting two tenants plus a garage...
Hi Everyone,Investor here looking to divest out of one (in-state) market and into another (out-of-state) market. I'm looking to place about $5MM into a market with 50% LTV (~$10MM purchase). I'll be in a 1031x and w...
Hi Everyone,
I'm looking for people's takes on the market and investing at this time. With a recession creeping in soon, should I wait to invest in a duplex? I've been looking for months but I've been told by some p...
Drop in rates boosts weekly mortgage applications 3 percentA drop in interest rates drives homeowners and homebuyers to the mortgage market.Total mortgage application volume increased 3 percent last week, according to...
Looking at my first two commercial properties tomorrow (a 13 mixed use unit and an 8plex). I have run numbers based on what they have provided but I'm worried I'm going to overlook something when I go to view them. ...
I already have a home in the Disney area that I purchased pre Covid and it’s making me about 3k in profits per month on airbnb. I have an opportunity to purchase 2 homes for about 300k each that make me about 1.5k per...
Hi all,I’m planning to purchase a small multifamily (10-20 units) in another state (as much as I love CA, I won’t be buying here!).I known I’ll need a lawyer to help me through the transaction. Should I find a real-es...
Hi BP,
I am finally joining the community! I am fairly new to the real estate industry in general but for the past year I have ran a short-term rental management company that operates in the greater Phoenix area and...
I am very determined to begin investing into multi tenant rental properties and would like any mentorship/opinions someone is willing to offer. The pickle: Wife and I HHI is 255K. Easily have about 2-3k per month to i...