Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
Hi all,I've been finding really good deals for cash flow in some of the smaller towns. However I'm a bit nervous about purchasing in a town where there's not much going on.We are foreign investors, strictly purchasing...
My dad made a significant amount of money buying and developing gas stations in the 90's. he's held all of them since, collecting rent checks each month, all are on a NNN lease.He's wanting to buy more now and I perso...
It's seem like a lot of people that I've talked to aren't really interested in purchasing rentals in rough neighborhoods. My question is why not?
I was just looking at property that was in good condition listed for ...
Ok - Looks like the NY Post called the election for Obama . . . seems like the rest of the nets are tiptoing around it. So, I'll stand behind the Post and call it for Obama.
[UPDATE - It is official - McCain is in ...
Hi folks - first post here on Biggerpockets. Glad to be here! I and my family have been in the multifamily industry for many years, owning and operating apartment complexes ranging in size from approximately 30 - 130 ...
I feel silly asking this question, but my wife and I have been struggling to compare our investment options. Obviously, BP forums/podcasts/blogs/etc. indicate that real estate is a good way to go. It sounds like a 15%...
Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....