Calvin Thomas
Help me understand mortgages for investment properties
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
Sunny Suh
Diary of my first step: Jersey City NJ Multi-Family- No experience, no idea what i'm doing, no regrets
Hello everyone, Complete noob here. I started investing in a set it and forget it type stock/index portfolio and it has done well. Had to do a lot of research.Now I am jumping in real estate, going for that multiple s...
Chris Winterhalter
64 unit complex under contract
I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Cameron O'Connor
Don't pay your down principal early- Keep PMI and Flood Insurance
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
Brenda Whittaker
Roofing Quote Expert Advice
Any experts on roofing who can tell me if this looks like a good quote? I;m sure it does but are those good "coil fasteners", and does a city require a permit for this, I dont think so, and my biggest question here i...
Timothy Metra
New investor with $10,000... What would you do if you were me?
BP, what's up? The title is pretty straightforward to my situation. I have $10,000. How can I turn this into $1M overnight? Thanks!Okay, I'm only joking. If you're still reading, I'm assuming you're patient enough to ...
Pal Sa
Backyard shed as a short term rental
I am thinking of building a shed in the backyard for rental purposes. I live in the bay area. If you are knowledgeable about various aspects I need to consider, please do share. The high-level plan is to build a cozy ...
James Masotti
First rental acquisition since joining BP
So historically I've been terrible at keeping these sort of deal diaries, but I'm hoping the BP community will help keep me honest...and updating. Back on February 22 I closed on my first rental property since joining...
Bay H.
what are good income options for $150k-$300k?
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...