Hey all,
I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. Rate caps are around 5-6 for 4-plexes in ...
Hello BP Members!
I am very new in my pursuit of becoming a RE investor. I am in the military, 24 years old married and have 2 young children. Because of this I often find myself trying to be very conservative.
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I’m 32 years old, and a full time teacher. My wife and I own two investment properties with $224k in equity that are currently cash flowing $800/mth after all expenses and after accounting for vacancy/maint/capex. Our...
I connected with someone that I don't know personally who was looking for an investment partner. He is a broker but can't get qualify to cover the purchase of a property he wants to fix and flip. First we thought we...
Hey everyone,My wife and I recently moved to Kansas City, KS and are partnering with investors to acquire multifamily properties in the area. We have an idea of what types of properties we want to go after and the num...
Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
First post guys! My question has to do with higher risk renters. I recently purchased and improved a property, and listed it for rent. The response has been very good, with several interested renters. The problem ...
Hi everyone, I would like to get your advice on how to deal with an outrageous HOA issue I am facing right now. I own a unit in cental NJ, and have been a owner for over 10 years now, always good with HOA payment, not...
So tenant screening is more difficult than i think I ever thought! Everyone who calls me has a story! It's only be a couple of days so I'm sure it's going to get better...
A prospect that I spoke to today sounded id...
Yes, nobody has a crystal ball I know. However, I'd really like to add 3-5 rental homes to my portfolio. Obviously things are very hot right now. Homes going for over asking, etc so I've refrained from buying anythi...