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Hello BP Community,First post from a hopefully soon to be real estate investor. Firstly, thanks so much to BP for providing this amazingly informative and collaborative platform for real estate investing… what an awe...
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I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
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We had a roof damaged in a hail storm and got it replaced and paid (minus deductible) via an insurance claim. This is on a property that had a CSS done on it some 6 years ago when we got it (and placed a new roof at t...
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Hello BP community,Wanted to pose a question of those who are seasoned vets at this stuff...I've got a contract on a 4 unit building that is set to close Sept. 15. Purchase price is 287,900, which was "best offer" tha...
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I am from Central Illinois and have been reading a ton of blogs about self storage success. It’s something I would be interested in trying out, but my question is: how do you determine whether or not a market is too s...
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Hi,I am a newbie to Kansas City real estate, Would love to hear from all the new and experienced investors in this area and any leads. Looking for realtors who can help a out of state investor find the right property(...
Hi!I am a new At investing in Real Estate. I am currently on my 2nd flip. The 1st one went beautifully but I am having trouble selling the 2nd one.I have a hard money loan on it, and I am just about at the point where...
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I'm in the Minneapolis market and I'm aiming for an 8% Cash on Cash Return. I'm buying for cash flow and I'm coming up with about $75K per unit while the comparable sales that are listed are about $150K per unit. I'm ...
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Hi Everyone!My wife and I are closing in on a year of our house hack in Albany, and are looking to expand across the river with a BRRRR tax lien deal in Troy. I've been running some numbers and lining up financing thr...
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Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly. Please give me feedback!First, I type in the zipcode to look up th...