I've been looking for small multifamily homes in the metro-Detroit area, and came across an 8 unit building with an asking price of $300k. I haven't done much research on commercial real estate investing because I fig...
So I am faced with a decision to buy a duplex at around $345K in a decent neighborhood... It's not a super desirable neighborhood, but it is a good rental market. The schools are so-so. The duplex has 3 bedrooms (w...
Does anyone use rules of thumb for estimating expenses per unit for multi-family property? I have recently been told:Owner paid utilities: 4K-4.5K DoorTenant paid utilities: 3K - 3.5K DoorDo any owners have actuals...
I'm past the biggest hurdle to getting started: Belief.The second hurdle, I understand is taking action, which I'm past. Speaking to Mortgage specialist, Real Estate agent on board, and lining up accounting even bef...
Fellow BP investors in the Chicago area: I want to pick your mind.
I am closing on a 2 bedroom/1 bath condo in Grand Boulevard. I was able to get a decent deal at $70k while it looks like the comps in the area for 2...
Looking to purchase my second property and I'd like some advice on which deal to pursue. I apologize ahead of time for this post being a little bit of a read.Deal #1: Owner occupied 4 unit via fha 203k loan. Property ...
After doing some research I've decided to go for a 203k loan to buy my first property. I'm not ready to apply yet, I'm still improving credit score and saving up for down payment. The max amount of loan I want to use ...
We have a beautiful golf course in our area that I believe, after meeting with the owners, would sell super cheap --- potentially on a land contract too. I have been thinking about ways to capitalize on the opportunit...
I'm based out of California, and I'm looking to invest out of state. 2 questions:1. What are the top 3 places you recommend to invest in (cash flow)2. What would you go for, if you were to choose between Austin and Sa...
Hello all,I am masonry contractor (brick, block, stone, etc) who is moving to Vancouver Island (likely Victoria) in April with my wife. I lived in Vancouver for 15 years previously and know the Island and coastal area...