Hello! I am a newbie looking to break into the investing world somewhere! Been reading forum posts, researching, playing with the calculators, etc. Now trying to hone in on area...As a new investor, should I try to bu...
Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
I plan on buying my first rental property this year and my next major step is deciding on a market. I have a list of websites I will use for market information, but wanted to see what sites other investors swear by.
...
So some of the things I hear from real estate are.
1. Every one wants to be in multi family
2. 50 units or more is ideal.
With that said, what are people paying for 50 or so multi family units?Rather than buy a sf...
My 16 year old son is going to be reading some books on life skills and real estate investing basics this summer - he doesn't know this yet...lol. I listened to a BP podcast years ago where a father paid his daughter...
Hi everyone,I've recently become interested in diverse streams of income to fund my retirement. I'm listening to several rental property podcasts but it seems most of the starter-level investments are elsewhere in the...
Hi, I am a newbie, out of state investor looking to start my fix-flip career in Philly. Looking to start with a lower risk project, so I am looking to purchase something under 50K. Found a property in Strawberry Mansi...
I am currently looking into a 30 unit multifamily complex for investment. This is a rundown complex which needs rehab. The target rental price is approximately $500 per month with electricity,water included. What is a...
Stay away I imagine, but seriously I'm analyzing a deal and want to make sure I understand what is happening.
It's a 2-family to buy and hold for $400,000, will put down 25%, so mortgage at $300,000.
Income is $45,...
Good morning BP! I have used BP as a resource over the past few years but never really engaged the community. I used to be a news junkie so part of my morning routine was reading the news. I decided recently that star...