BOB CRANEY
Is Multi unit pricing to high?
I have been researching recent sales in the Baltimore area for Multi unit apartments from 20-200 units and it seems the per unit pricing is to really high compared to the rent. With properties built in the 1960-1970 t...
Steve Smith
Dollar-Cost Averaging Applied to Rental Property Acquisition
I've been listening to @Scott Trench's new book, Set for Life, recently. Scott discusses the concept of dollar-cost averaging a bit as it relates to investing in index funds. This makes a lot of sense to me and I've...
Sean O'Dowd
What should the first 5 employees you hire be?
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
Kendell Powell
18 with 45k looking to invest ASAP
Hello BP community,I am 18 years old with about 45k, and I want to invest in a rental property ASAP. I own a lawn care business and I have a goal to have 80k by the end of the year. Prior to starting my lawn care busi...
Andrew Caldieraro
Multi family market study
Hello,
I’m looking to possibly build a cookie-cutter/basic, small apartment complex (10-20 units, one level, no basements, etc.) in a local town. The cost of living and the population is fairly low (5000 people in th...
Elizabeth Park
Where can I research for the demand for MTR? (Kokomo, Indiana)
I am trying to grow my portfolio and see if Kokomo, Indiana will make sense for MTR. For Kokomo, Indiana, I see posts where hospitals there are looking for travel nurses. Stellantis is building their 2-billion dollar ...
Kyle Larson
Did you rent or own while building your portfolio?
I've read quite a few of the "standard" books about real estate investing talked about on BP but have yet to really see how and where investors live while building their portfolios. I'm planning on holding my first ho...
Ian Jackson
House Hacking in expensive markets?
Currently living in Honolulu. Problem is that it's expensive like California and New York. My mom actually applies for a VA loan so there's a lot of doors open up of what we can do and i was trying to get her in a mul...
Michael Olson
One piece of advice only...
Hello everyone!I love to duplicate success and I don't need to "reinvent the wheel." From the interactions I already have had and the information that is freely available, I know I am in the right place to ask an imp...
Jason Hirschfeld
Seminole Heights addition or build apartment
I have a 1926 bungalow rental in Seminole Heights that is a 2bed 1bath 1000sqft. It rents for $1500 per mouth.
Should I make an addition making it a 3/2 and increase sqft and charge more in rent? Or should I build an...