Hi All, I just toured a triplex this morning with $1,602 in total rents, the asking price is 135k but my realtor said if I can't get it for 100k with little or no money down, I should pass. 2 of the 3 units have not b...
Here's what I read on the 2% rule....."The 2% rule says that for a rental property investment to be “good”, the monthly rent should be equal to or higher than 2% of the purchase price."so....If I bought a multifamily ...
In the grand scheme of things, I know 29 is young. However, financially, I feel like I'm way behind. The thought of turning 30 next year has me really focused on what's next for me and my future family. I've been list...
Hello,
My husband and I have wanted to invest in real estate for years now and recently made the decision to purchase a new home while converting our primary residence into a rental. Since we are both 100% disabled v...
I made a cash purchase of a SF hurricane Ida damaged home. I'm in the middle of the flip. Looking for forum feedback to help me understand if I've made a mistake or am on the right path still. All thoughts welcome, d...
Hello,Need help with structuring a partnership and thought I'd finally reach out to the amazing folks at BP for help.I'm looking to partner with a developer who is looking for capital to fund some more projects. His r...
I've located a multiplex in my area but I'm not sure where to locate the information needed when investing in multi-family units. For example, is the selling agent going to have the information necessary to figure out...
Hi All,This will be my first foray into anything larger than a triplex - so I'm sorry if this is a dumb newbie question! I'm looking at a 6unit property that had appeared to be marketed to regular residential purchas...
For legal implications, this occurred in Texas (Dallas to be specific). I know laws vary by location.About 4 months ago, we had a bad rainstorm and water seeped into the bathroom through foundation due to poor drainag...