Forced appreciation is one of the biggest opportunities i see in MF over SF, but i don't know if i am thinking about this the correct way. If I am buying a $21,620 revenue stream for $239,000 (9 cap), with an investm...
Hey BPers,I have a 4BR 2BA SFR primary residence. I currently rent out two bedrooms, live in the master, and have the fourth unused. The two bedrooms and rented out to two male adults and they share the common bathroo...
I’m closing on (2) 4-unit buildings in Chicago over the next two weeks. Both mortgages and deeds will be in my name. What kind of entity/entities should I form to hold and run these properties? These will be my first ...
Im evaluating a package deal (3 SFH/1lot) but my numbers were not looking the best, I spoke with another fellow investor who mentioned I should NOT be looking into ARV but rather concentrate on CAP RATE , he said any...
Hey BP Family! I recently started digging into farm leases. I learned that you can take depreciation on land leased as a farm and that in some cases, this is typically a very low touch point method of investing. There...
Hello everyone, I am closing on my first building and duplex first quarter next year. I am a healthcare professional and run multiple successful private practices. I plan to run my real estate holdings in a similar bu...
What is it like budgeting for cap ex and maintenance in C class neighborhoods in Cleveland?
Investors share various reasons for how they qualify income producing assets, but from my personal interactions and observation, the 1% rule is raised more than any other reason. In fact, I see the 1% rule relied on m...
Hey all, I am looking for a lawyer who knows local Colorado real estate law to help edit and add in lease language to a Rent-by-the-room lease.A few changes to the template lease (used by another BP rent-by-room inves...
Hey everyone, I have several properties owned free and clear that I'm looking to pull cash out of and was all lined up with a lender who then backed out because the properties are land leased from the local water dist...