Ra B.
Looking for Investment Advice in St. Cloud, MN
Hello Friends,Looking to purchase a portfolio of 4 apartments in St. Cloud. All are low-income families but cap rate is 7.50% and cash-on-cash is 10%. It is 40 year old property. The original seller bought it in forec...
Jorge Ruiz
Buy Rehab Rent Refinance Repeat
Hello BP! I'm looking to get into multi-families (2-4 units) and would love to use the BRRRR (Buy Rehab Rent Refinance Repeat) method in order to finance future acquisitions. I'm looking into the Milwaukee, WI, Clevel...
Miguel Romero
Transferring $from TSP TO SELF DIRECTED IRA
I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
Donald Beamon
Opinions on this deal please
Wilmington, CA (Southbay area)Duplex (total 3br/2ba and no shared walls) for $360,0002/1 + garage for back unit (650sqft)1/1 with full front yard (550sqft)Repairs none, this place is completely updated (granite, lamin...
Shawn Underwood
To rent or not to rent???
A little unsure about the situation that I’m in. A 3 bedroom rental that I have has been listed with not that many showings (historically I never had problems but rental saturation and getting closer to year end makes...
Kin Leung
Fresno, Ca deal analysis
Hi all, I've been mostly browsing and would like some thoughts on investing in the Fresno, CA area. I came across a 6 plex for $275,000. The listing shows a rental income of $36,900, expense of $14,760. So the suppose...
Nikko Giangiuli
LOOKING AT A 12 UNIT PROPERTY IN YOUNGSTOWN, OH NEED OFFER PRICE
Looking at a 12 unit apartment complex in Boardman, OH. Financials below: 2018 - Rent Income --> $119,000 Expenses --> $36,200 NOI --> $82,8002017 - Rent Income --> $103,000 Expenses --> $63,700 (31k...
Gary B.
Expenses as % of EGI optimal level in multi-family
Hi Fellows, when you evaluate multi-family deal, what is the optimal level of expenses as % of EGI you recommend?Best, Gary
Roberto Gutierrez
48 unit under contract - am I forgetting anything?
I’m currently under contract on my first sizeable multifamily property. I’m including details about the property below. If you all could skim through and let me know of anything it appears I haven’t considered or any...
JaNae Anderson
Rent, Sell or Leverage&Rent
What would you do if you had a house that has $200k in equity and your looking to start investing in real estate? Option #1: Rent the property out for $2,500 a month, with a operating cost of $1,850? Option #2: Simply...