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Hey BP!
What's a simple way of determining a desirable submarket for multi-family investing? For example, I plan to invest in Houston, but am uncertain as to which submarkets are ideal. Is it simply specula...
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BP Community,I'm new to investing and would really like to find a mentor in the Charlotte, North Carolina area, if at all possible. I am slowing becoming an active member on BP and have plans on attending several loca...
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We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...
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Is there ever a situation where a deal is so good you would buy it without a clear title?Heres the situation- $50k duplex, needs $5k repairs, $1400 rent, ARV $90K+. Cash purchase.Foreclosure and the units towards the ...
Hello everyone, so I am looking at purchasing a triplex in Waipahu,HI (8 bedrooms, 4bath, 3,095 sq/ft living area/6000 sq/ft total). $38k down and financing $837k @3.99% (30 yr) w/ an potential annual cash flow of $21...
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Thanks in advance for any insight on this item.
I am preparing a tax return for another investor who converted her tenant to land contract.
This property was purchased in 2005 for $106,000. The investor is tired of...
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Hello everyone! We completed our first duplex purchase the end of November (yay!) and now have both sides rented out (technically one side is owner occupied, but using our other side's current rental rate for our num...
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This is in a 5 cap neighborhood in Houston surrounded by SFRs very nice neighborhood....It's a $1.1m priced 8 units great area B+ neighborhood and C- property needing $100k in repairs$120,000 GSI rental income-55,000...
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I'm really interested in the steps people go through to find off-market multifamily deals. If you were starting off in a brand new market completely from scratch, with no relationships with brokers and no knowledge of...
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Looking at buying my first investment property. I believe my lender is suggesting a 20 year amortization with a 5 year balloon. Is this a bad idea for an investment property? Hopefully this isn’t a dumb question. Than...