Hey everyone! I am a super newb that is currently getting ready to buy into multi family units. Hopefully this isn’t a naive question but in all of my research on this topic I have come up empty. My question is, have ...
Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
Newbie here still trying to learn the ropes and avoid analysis paralysis as I try to refine my target market. I know I want to stick to single family homes. I know I want to stick to the BRRRR methodology. I know I wa...
Hello,I own with a partner a commercial building here in Kentucky that we have done some work on, had an LOI and prelim contract but nothing has come through. It is about 20,000 sq ft with a parking lot and about 1.8 ...
I have 50k to invest. Wanna buy multi families and apply brrrr strategy . The 50k will cover 30% down payment ( i am from canada) , closing cost, reno. Just wondering if that's enough. If yes, any place recommended ...
Hello BP! Today my offer was accepted for a quad. It’s my first REI deal! All units are tenant occupied and the rents cover my estimated mortgage and maintenance fees and that‘s with me living there rent free! I’m sup...
Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
Hey all,A couple of partners and I are getting ready to deploy some capital in medium-sized multifamily in Ohio. We are looking to get into B neighborhoods or upper end C neighborhoods. Our primary goal is consistent ...
Good evening from the Midwest! I've come to ask for feedback while acknowledging that I'm early enough in my journey that I can't yet offer much in return other than gratitude and it's hard to pay the bills with grat...
To preface: I am making this post for many reasons, one of them being that I want to have a landmark post to look back on in the future. The other reasons are to get out my plan and largely to receive support and crit...