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Hello!I am new to the BP community and real estate investing, so forgive me if some of these questions are quite basic or obvious. A family member and I recently inherited a duplex from 1899 in Brooklyn, NY. We are in...
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I am running the numbers for a deal I found near me, mostly as a thought experiment. Below is an image of the deal with actual numbers. Closing costs, rehab, and financing terms are a guestimate.The seller owns 15/2...
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I am a new investor. My plan is to start by house hacking a fourplex, followed by purchasing a few more small multifamily properties (4-16 units) over the next few years in order to get the experience I need in order ...
Once again Mortgage Backed Bonds (Securities) are the only thing holding the housing market together. Why is this a big deal?
1. In 2008 the problem was sub-prime mortgages "guaranteed" by MBS, Mortgage Backed Secu...
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Hey fellow investors! Has anyone completed and re-appraised/refi'd a property that they added an ADU on a small multifamily (2-4 units) in California? I have a deal where I want to do this but I'm concerned about how ...
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I have been networking and there are no clubs or meetups anywhere near me, and I keep getting great deals but cant find a sponsor. Ive had some act like they want to, I do work for them, then they ghost me after using...
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Hi everyone,
I need your feedback on this property I've found. please bear in mind that:
a. I'm a new investor looking for my first deal.
b. I'm not that familiar with Newark and I need some locat...
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Hi BP,So I've owned a 12-unit in Cincinnati (Evanston) for a little over 2 years. Most units are studios (efficiencies). I'm out of state. It seems as if the rent has been going up. I remember when buying the building...
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I've heard the Short Term Market cooled off quite a bit over the last year or so, wanted to see what you all are seeing in your markets.
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As Election Day nears, many individuals halt their major financial activities because they feel the uncertainty of the election results may have adverse effects if they act now. In this post, I will explore the histor...