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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
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Hi Everyone!So one of my big goals is to own a large multifamily apartment complex. So thinking back to Rich Dad Poor Dad, instead of saying "I can't afford it", I've been asking myself "how can I afford it". I though...
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What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
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I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...
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Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
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I have been investing for years, so I may know a little something…
In my experience, at least in Texas the taxes increased faster than rent increase. However, I do have properties in Mississippi. Taxes are not so ba...
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Just thought I’d share some of my experiences with you all in the San Francisco market. The big, HUGE take-away that I’m getting from my experience over the last year and a half is that there is absolutely no money in...
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I was wondering if anyone has tried or heard of Brian's Page's Airbnb formula for signing leases on rental units and then using the apartments as a full-time Airbnb model. I've been an Airbnb host for some time, and I...
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So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...