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Hello everyone, I am a newbie real estate investor from Maui , Hawaii. I just joined BP a few days ago: Looks like a great site and I'm happy to be here.
Currently, I work as a caregiver for my elderly mother. Part o...
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I want to invest in multifamily apartment buildings how do I research markets to find a market where there is job growth, migration etc?Let’s say an apartment building with multiple units has cashflow can I put down a...
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I wanted to put a feeler out for the current state of the market at large. I recognize that Real Estate is local, but interested in hearing investors thoughts on macro, and even micro trends we are seeing right now. H...
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Is this a good deal or not?
Memphis, TN 39118
3:2 SFH
Built 1970s but full renovation to include roof, HVAC, floors and more costing about $35k in 2015.
Currently rented for $915. Market rent is around $950 to $99...
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What's the lowest cap rate you will take? What's the average (good) cap rate you like to see?
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We are new investors. We are investing long distance and were highly recommended to a realtor in Jacksonville. We were excited to work with her. But, it feels like she has been extremely slow. It took us 11 days to be...
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Just came across this Forbes article .
Some of the craziest parts of the article
"For fix-and-flip investors, a rule of thumb is that you need to make at least 30% above the purchase price in order to be profitabl...
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Hello everyone,i have a 3 bedroom for rent. Single mother with one child is looking to rent the house she has two jobs which would meet the income requirements however she has no rental history and has only been at bo...
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Do you prefer to work with large or small property management companies? Why?
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We recently had a home inspection where the inspector was a hack (not suprising). I used to have a boss that said inspectors are failed contractors, and I've found that to be often correct. Not to say there aren't som...