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I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
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Interest rates for multi fam loans are up about 1% since the summer. The fed wants to raise rates to 2.5-3% over the next few years. How will this impact cap rates? Will investors take the long view and suffer less ca...
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Hi BP,
My wife and I are looking to start investing in real estate. She is a corporate lawyer and I am a physician and we realize that we want to be in charge of our own income stream and not at the whim of those ab...
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Hi BP,
I've been brainstorming ideas for low-budget and creative direct mail pieces (I have already sent 3 rounds of postcards to absentee owners, but I think it's time to change it up a bit). Since I have access to...
Hi everyone!
I purchased my first rental. 2 bdrm in a small town. Interesting call today from a potential tenant: she lives in Canada and has almost 2 yrs left in her contract and then will be moving back to this ar...
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Hello BP! Wow it feels so good to finally post! I have read and learned so much here on BP, but have never mustered up the courage to post lol. I have been tremendously touched by the amazing community here and have ...
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Feeling a bit frustrated. Looking for inspiration. I currently own 6 SFR’s and under contract on #7. I buy to hold and always felt that eventually with enough property I’d start to see real passive income. However wi...
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Hello BP!
For the folks who invest in the Northeast, more specifically Boston, how do you feel about the outlook for 2021? Do you expect any dip in the prices of multis or apartments?
My theory is people are lookin...
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As the topic of rent control seems to be coming back to the Alberta news I figured I would share some of my thoughts on the topic. The idea of rent control is obviously very appealing to tenant that see this as a so...
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Aloha, my name is a Kaohu Seto, but my friends call me Kao. I am a newcomer to BP and am excited to finally be here. I am also a beginner investor who is interested in passive cash flow using my SDIRA, and Im looking ...