I see a lot of beginners on BiggerPockets using the 1% rule to buy small multifamily products such as duplexes or quadplexes. I own and manage over 1,600 units, and I started out in the multifamily world by buying dup...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $76,000
Cash invested: $5,000
Sale price: $108,000
This was not a good deal, and we were lucky to get out of it...
Did you know that your investments could be losing money, even if it has an average annual gain? Here’s how…
Manipulating Average Returns
The way portfolio managers and custodians of retirement accounts can lose you...
Flipping or renovating as part of the BRRRR strategy is much harder than people think. There are so many posts every day about being stuck mid-renovation, out of money, or at a standstill because of decisions made tha...
Hey, I am new to BP. I started RE investing before really knowing the ABCs. Now I am seeking some help to decide if I should sell a rental unit. I bought a condo unit for 388k in 2017 ( I live in a high cost area). Th...
What should you avoid when purchasing your first multiplex or property for rentals ?
For reference, it would be a roughly $300k property that would generate ~$2,250 in gross monthly rent. The two scenarios:
1. 20% down payment: $48 monthly cashflow, 0.83% CoC ROI - not good
2. 50% down payment: $475...