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I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
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Happy New Year everyone –
I made my first deal a few months back, two townhomes in a four-unit complex. One of the units was vacant, the other occupied with a Section 8 tenant.
Last month, the inherited tenant men...
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I have bought many a single family at foreclosure auctions. Always following my rule of at least peeking in the window of everything before I bid on it. (I failed to do that just one time and ended up with a gutted ...
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Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
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We can't decide which option is more beneficial.I have $300k to invest in a rental property. I would like to buy a single family home in either East Long Beach (3 bed, 2 bath) or in Rossmoor (Orange County - 3 bed, 2...
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Recently bought my first 4 unit building in the US northern Wisconsin, its a start to this new adventure.Before giving any details on my purchase I wanted to thank Joshua Dorkin, who’s BP blog I found shortly after co...
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I wanted to share my first real estate deal with the bigger pockets community. I purchased this property in 2009 for 238500 at 23 years old.. I took a check for about 17k to closing. Obama gave me 8k tax credit in 09 ...
Nice Side by Side on 9 mile road, 4 minutes from downtown Ferndale. 2 units each with own entrance and private driveway. Both 2 bed/1 bath and full separate basements and new laundry in each basement. City Certified.
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $58,000
Cash invested: $27,000
Single family 3 Bd 1 Ba w/ 1 car attached garage.
What made you interested ...
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Hi!I was just approved to purchase my first multifamily property. I will use FHA and occupy/ manage the property. I am looking to make sure I account for all costs I will incur from loan closing to lease-up. I have se...