Not sure I have updated y'all in awhile, so here goes.- Closed on the property at the beginning of August 2018- Completed exterior and mechanical improvements, including new TPO roof, new HVAC systems, several concret...
Good morning everyone! We purchased our first 4-plex in late August and are now set to close on the second 3 week from now! I love 4-plexes, they're my little go-to money-makers. My husband, however, is more into the...
Hey everyone! Finally entered the ranks of Real Estate Investors officially with the close of our first REI deal. It was a Low Money Down/House Hacking deal as well. Here's how it broke down:Purchase Price $197,000App...
I'm looking into purchasing my first multi unit building. Ideally, I would like something near San Francisco. Currently learning how to evaluate a property properly. Looking in the 1M price point or under which can...
I am in the process of closing on 15,000 sq foot building in Banning California that is currently vacant. I am wondering if this is a wise investment?Purchasing for 1.1 million all cash no financing, the goal is to ge...
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...
I'm looking at an off market 40 unit. It was purchased by an investor at trustee sale and nothing has been done since. Its empty at the moment.
40 units - 1 and 2 bedroom
$400 average rent = $16k gross potential
Fact...
After joining BP last November, @Brandon Turner hosted a webinar the night before Thanksgiving where he challenged everyone to buy a new rental property within 90 days. At the time I thought, "That's all fine and dand...
So I really like STRs and thinking about how much to put into it. Hopefully nothing like COVID happens again but it could. Regular properties are probably in a better position because people always need a place to sta...
I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly. She does actually classify as such. We have rental properties in various LLC's and until recently w...