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Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
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Interesting article:http://www.bloomberg.com/news/articles/2015-08-13/renting-in-america-has-never-been-this-expensive
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Good afternoon BP Members,I am in the process of acquiring my second buy and hold long term rental investment property. I am still undecided on whether or not to start an LLC at this point. For my first property, th...
I have had family living in the Lawrenceville area since the early 1900s and I find it astonishing to witness the revitalization going on in that neighborhood.It made me wonder what other neighborhoods are poised for ...
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When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...
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I would like to start a discussion on how others see the value of their time and money.
I recently had a seller tell me that my offer was too low because I had to pay for the money for the proje...
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Let's say the owner of a multifamily, owner-occupied building is immuno-compromised. When listing for new tenants, would it be legitimate -- and would it be wise -- to require proof of full COVID vaccination? Would it...
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I just spent the last two days in meetings with potential flippers and maybe guys who have flipped a few years ago and want back in, or perhaps some want to be flippers. I don't know. But here in Vegas everyone wants ...
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Hello BP!I keep reading on BP and elsewhere that renting to high quality tenants is the most important risk control a landlord can have. There were a few BP blog posts on this topic with the main idea that if you want...