Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...
For those of you who invest in small multifamily properties, what are some of the mistakes you’ve made? What advice would you give a beginner interested in investing in small multifamily properties?
Me: 2-4 units (including multiple houses on 1 lot)
Location: SF Bay Area; Richmond, Oakland
Why?
1) 30yr fixed rate financing. I plan on owning the "fix and hold" properties I buy for AT LEAST...
Today's Question: Big picture, what actions can I take to increase my chances of success on my first Cleveland or Columbus BRRRR? Take that wherever you want to :)Why: I am fortunate that my job has given me far more ...
Good morning BP,I have a couple of questions this morning-What is your opinion on wholesalers?-Have you had a good experience when working with a wholesaler?-What has been your biggest draw back from working with whol...
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...
This is a very basic question. I have never purchased a home before so I am not sure of the standard procedures or proper protocols. On a flip property for example, once you have an offer accepted do you then coord...
For all of you who did not catch this Trailer video that James posted on U Tube I was able to watch it..
I found it well done. And was even more amazed that Jim got Clayton on the phone all the way from Portugal.
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Hi everyone :)
I have been doing some research on investing in out of state properties. However, after reading and factoring all the hassles and risks of investing long distances and knowing that there are investment...
I’m in the market to buy a laptop to do real estate (i’m an agent) but i’m not sure which one to buy (I would prefer an Apple laptop but I’m open to other suggestions)? Thanks for your assistance.