Christopher Munn
Is This The New Normal?
I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Karen Smith
The Rise of Private Lending: What's Your Experience?
With more investors turning to private money lenders for faster funding, what benefits have you seen from using private financing versus traditional bank loans?
Jim C.
Time to Sell some of my Buy and Holds??? Indiana
I have several SFRs I bought during the meltdown of 2009-2010. Purchased some of these for around 30-40k. Currently rented at $1000 per month. Was talking to a realtor who did a BPO for me and these are coming in arou...
Elena P.
Tired out of country owner- hard lessons and perspectives
Hi wonderful BP community,I need your help in decision’s making. Ten years ago I purchased (without seeing it!) about 100yo MF in MA, hoping to get it paid off in ten years. In couple of two weeks visits, I rehabbed i...
Mary Stead
"The Crash" in Real Estate
Back in 2007-2008, the market "crashed". Can someone explain to me what that did to RE? I do not understand that if you had rental properties or lease option properties why did one loose their $$$, if they were making...
Zachary Ballou
Good Deal or Bad Deal?
Looking at my first multifamily home in the capital of my state Providence, RI. Less than a 5 minute drive from down town Providence. Built in 1922 property brings in about 2650 a month in rent and money from coin ope...
Scott French
Case Study: Deal that just went under contract
Hey BP people,
I have been lurking for awhile and decided to sign up and start contributing. I heard today that a property my partners and I were looking at, and passed on, sold for more than we were willing to consi...
Adam Regos
San Diego Market. Duplex, triplex or 4plex suggestions?
First time home buyer trying to house hack in San Diego. My lender has mentioned I can’t do FHA for triplex or 4plex and need to put a minimum 15% down. Is this the case? I am looking at FHA for duplexes but a lot rea...
Tanner Morrill
Retail Price reductions are here (to stay?)
So, taking a look at listed SL County homes prices 250-400k, there seems to be, based on my quick analysis, about 75% of homes had a price reduction of 1% or more. The homes I analyzed were listed in the first half of...
Jadyn Rigby
Rookie home purchaser advice
I am a first time home buyer currently in the process of buying a house. I have a house that I'm under contract on this house https://www.zillow.com/homes/1.... for about 600k, additionally my due diligence ends the m...