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I am excited to announce the addition of Ridgepoint Apartments to our Phoenix portfolio. This is a wonderful, mid-80'es construction 164-unit. Original interiors will be upgraded, and the asset will be re-positioned. ...
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Hi BP Community,I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area. I have a seller who wants t...
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What’s up BP,I’m 24 (25 next month) just closed on my second buy and hold multiunit rental last month.Around this time next year I’ll almost certainly be in a position to pay either property off while stillmaintaining...
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One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
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Real estate is a good enough investment as is - why tell people fairy tales?First off, I am talking about pure passive investing. If people want to get into the real estate BUSINESS, and do all the labor that is in...
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I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
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I recently closed on my first rental property. I used Roofstock. I had set up a number of baseline searches in a few markets that I was interested in. Whenever one that fit my general criteria came up, I would drill i...
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Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
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So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
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If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...