This is my P/L from a 6-unit property in Dayton, OH for July.All 6 units have been converted to MTR.C-Class area near major hospital (believe it or not purchase price $210k) Cap Rate: ~31%We have 32 units in this mark...
Hey guys I'm looking at purchasing my first rental property. My dilemma is that I cant decide between buying a lower end property in a not great neighbourhood, or spend much more in a better area?Option 1 Purchase pri...
Hello everyone. I have owned 3 rental properties in Rhode Island for about 6 years now. The properties have had a significant increase in value over that time. The areas which I'm invested are about 10% to 15% higher ...
Hey All!
A current BRRR rehab project of ours has an interesting location, and I'm wondering if anyone has ever had a similar situation they can elaborate on. Specifically, I'm wondering how it will impact the appr...
As the market is starting to settle, we're telling our clients to budget for extra carrying costs, and project profit margins based on the new normal. In December I'm going to host a webinar about the current market ...
I am a new investor and I am reading lots of books from popular authors like Brandon Turner, Darren Greene, and Gary Keller. I recently joined the Pro membership (BiggerPockets) to take this opportunity to land my fir...
Hi everyone! I'm 23, and I'm looking to purchase my first rental property this year. I am strongly considering Philadelphia as a market to invest in OOS because I was raised in Jersey and I used to be familiar with ne...
I have 14 units of my own here in Washington state but a son that I want to get started with in Colorado Springs. Any advice on the market and availability of deals down there? Thank you.
Hi all. I am interested in buying multifamily in Philadelphia.
I have been twice, 12 years ago and remember a rather barren city in the downtown area. Not sure if things have changed but saw the prices of multifamil...
Hi,I am a new investor looking to purchase a property in Indianapolis for buy and hold at ARV under 150K.My purpose in to narrow the search for a few relevant neighborhoods (approximately 3-5).Would appreciate if you ...