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I’m 16 and I’d really like to get into real estate as soon as possible, my parents recently started buying rentals and are having success with it. I can’t really afford to pay big down payments on properties but is it...
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Hey BP community,I'm looking at purchasing an investment property in the Phoenix AZ area. Based on the prices i'm seeing out there, it looks like the only way anything would cash flow is to find a property with some s...
I am looking for some help to evaluate this investment.
one 3 story building with 24 units
Built in 2008
Landlord pays only water/Trash removal.
100% occupied
Financials.
Sale price - 1.3 m...
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Does anyone else have a similar constraint with their MLS?
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Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.
For younger people, w...
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Hi All,I'm Shavon Prophet, I live in the Five College Area of the Pioneer Valley, Western Mass and am originally from the Bay Area, CA. I am an Energy Efficiency and Renewable Systems Consultant. I specialize in green...
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Fellow note investors, I have read here (and I agree) that running an effective note-investing business essentially comes down to three things: 1) sourcing deals, 2) finding money to buy deals, and 3) managing the ass...
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Hi Everyone, We bought 3 hotels & motels this year and are quickly ramping up to buy more hotels in this upcoming recession. I started in real estate with househacking (renting rooms in my house out as STR/MTR), t...
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So far, all of my investments are SFR. Now I have a couple of opportunities: one is a multi-family residential property, the other is a multi-unit executive office property.For the sake of simplicity, let's say you ha...
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Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...