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I have a contact that called me this past March off my letter campaign that has 2 duplexes, a triplex and a SFH in my area that gross about 90-95K in rent a year. One property is actually on my street. At the initia...
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I'm getting ready to buy my first rental property. What do you guys feel is the better buy, a single family home or buying a quadplex?
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Hey guys!I just agreed to buy a spec home from a builder but now I need to turn my existing house into a rental. I'm meeting with my financial advisor, realtor, and lawyer today to review everything, but I'd like to h...
Hi guys, I can't decide whether to invest in this property or not. We currently have a multi-family that we net $1500/month.. we been saving that profit and using it as down payment to invest in a condo in another par...
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Hello BP- First off this site is awesome!! The information is invaluable.I bought my first multifamily a 1.5 months ago and it has been some experience. It was purchased for a buy and hold. The property is a 4BR 2Bath...
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I just finished renovation on a 2 family property in Newark, NJ and posted up the vacant unit for rent. I received an application from a qualified section 8 tenant (receive assistance from city of newark) and approved...
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Hey everybody,I've been researching/reading up on everything REI for the past Month or so. I'm super excited about starting, even went to look a distressed houses in a neighborhood I might like to invest in.Here is so...
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I'm curious if BRRRR ("fix & rent") works in the Columbus metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refin...
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I have recently came across a possible deal that I am considering making a offer on. It is a HUD foreclosure. I would purchase it to remodel and then resale the home. What is the process when dealing with HUD? What ar...
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View report*This link comes directly from our calculators, based on information input by the member who posted.I have been primarily looking at buy and hold deals with minimial repairs needed, but a f...