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I live in California and looking to buy an 8-15 unit complex in the mid west or southern states but I'm open to other areas. I was going off the Landlord friendly state map 2021 What are some good cities to look at?
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Hello BP,I recently found an 8-plex property on the market and I'm wondering what the terms are for a commercial loan in order to get that property. So far I've been seeing 5-year terms, 20-year amortization, and belo...
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Would you keep for the long term or sell this property?- Purchased a 1960's vintage building, 18 units, in 2017 for $1.5M- In a major urban city in the northeast- Put $400K down and have paid down $100K in loan (so th...
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I'm an out of state investor and I've had several really bad and unprofessional interactions with logic PM. I own properties in a number of states and have hired and worked with a number of property mgmt firms and th...
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Hi All,Have a question for the forum and looking for some suggestions or insight on our issue. We are eager to start the REI journey and especially looking at using the BRRRR method for our first deal.I have a W2 job,...
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Hello, I'm new here, a little bit about myself; I currently have 2 investment properties (town homes) and I'm considering to expand my portfolio. I have a little knowledge about investing in real estate as thats what...
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Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...
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Hi, I'm a new real estate investor who is currently under contract for my first duplex in the metro Cleveland, Ohio area. The property is currently 100% rented. I used many different scenarios in my analysis of the pr...
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Hello BP Crowd!I'm using the Rental Property Calc to determine if a listing is a good deal or not for a renovation loan.However, when I insert the Estimated Repair Cost that amount is added to the Total Cash Needed, w...
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Hi all, in about 6-8mos time, I will be investing in my first property. Likely a small SFR for my brother to live in while at college just to get a feel for the buying and PM process. That being said, I will have the ...