I’m currently interested in and considering buying a duplex in the 48202 zip code of Detroit, said to be a “newly desirable” area to consider. I am a native Detroiter who hasn’t lived there for a many, many years, but...
Hello new friends I have 500k I want to put into an apartment deal. I have decided on Detroit, Mi or surrounding areas given the Cash Flow Chart BP put out. Does anyone have experience investing in this area any pros ...
Selling your home cash vs seller financing. A mortgage you create eventually ends where a rental contract could last forever. Are there formulas to compare those values? Besides obviously using your cash reserves to...
Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...
Will I need a LLC in order to utilized a Hard Money Lender?
Hi,I'm fairly new to BP and at the very beginning of my Out-of-State investment journey based in the Bay Area California. I have been considering Phoenix, AZ and Denver,CO as my options so far. I have compared populat...
I am fairly new invertor, just looking into my second REI. After looking into many deals in the past 4 months I found that in my area ( NJ) its easier to invest in STR, just because there is not enough supply on multi...
whether you're a new Investor or a veteran in Chicago Real estate, this is pretty much everything you need to know about Chicago Multifamily property taxes. Cook County has an effective rate of 2.10%, almost double th...
When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...
I'm starting to hone in on my first multifamily property! My priorities right now are determining an appropriate market rent for 4plex units.
I'd like to build a list of all properties in my area (pop 350,000+) to ...