Our family just moved to Texas from California. We are leasing our home out in California and we signed a six-month lease in the home here in Texas. The owner of the Texas home wants to sell it and we are not in a pos...
This is a bit different but hoping you all will be generous with some insight. We were set to continue renting where we live and buying rentals but decided to consider getting a personal home. We found one with an ass...
Periodically, I've been coming across some nice looking deals for larger multifamily properties ($5-10m range.) I'm interested to know if anyone has any tips or suggestions for putting together these deals, specifical...
Sam ShuehThe Feds finally made up their mind on lending interest rates. With a stronger economy and more job growth it announced an interest hike for the first time in months. Higher interest rates is goodness for fin...
Dear BP Friends, I recently found a FSBO in a great location, the owner wants to sell his property as is for what he owes the bank. The reason behind this is because the house needs fixed up---new carpet, water heater...
Am I doing my math wrong? There is a 14 unit in my town listed for 3.6 million and a 30 unit listed for 4.1 million.
Gross rents on the 14 unit are probably 21000 per month or 252000 annually. If I assume 45% of ren...
Hello, I have been lurking for a while and learning as much as possible before I begin my investing career. My goal is to buy multi family rentals with a buy and hold strategy. I have been self employed for 1.5 year...
The seller of a commercial property has an existing mortgage of 1.6Million. It is an assumable mortgage and we plan to assume it as the financing is non-recourse and incredibly favorable terms. That brings up the ques...
I've been filing my tax return through H&R block software for a long time now. I purchased a rental back in the middle of 2012 and have just now realized that my property basis I inputted into the H&R block s...