I have a rental in a lower income area that has about three quarters of the people living there are related or friends of some sort. This is a nice place to live except the new monsters next door. Next door a nice hom...
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Hey everyone. After spending time reading, listening to podcasts, watching videos I've decided to just get out there and search for leads. I posted the following ad on Craigslist looking for potential sellers. Let...
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Of all the major cities in the US, Chicago seems to have MF listings that have numbers that look better, at least on paper. I can find multiple listing in the 300-500k range and have 9-12% net cap. No other city has ...
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Ok first off I would like to say that I am not a land dividing professional nor do I claim to be, I am simply posting what I have learned on my own and done myself. For all of you who try this please make sure to due ...
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We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
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Hey everyone, my main marketing strategy for the past three years has been cold calling, I have a cold caller that is outsourced and I handle all the leads that are produced. I have seen a pretty large decrease in our...
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Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
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Hello BP community! I am looking to buy my first rental property. My goal is cashflow. I want to buy a multifamily property, although my local market (Houston, TX) isn't really known for having a bunch of 2-4plex pro...
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Hey everyone! Just wanted to make a post to see if I could offer any guidance to anyone just starting out in this industry. I have not been very active on this site but want to start. I am very active in different fac...
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Hello,I'm from NYC and looking to make our first purchase of a multi-family in Chicago. I've been coming up with a list of close to a hundred multi family properties which i'll dive deeper into. This is for a buy and ...