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I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
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I am doing research to prepare for my BRRRR endeavors and will also just about start J. Scotts books on the topic. I came across the BiggerPockets Rehab Estimator and tried to use it on a random property in Ohio. Ther...
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Hello community! New investor here need advice on a deal I am about to do. Feel free to roast, criticize or give any advice you have I can take it. Backstory: 22 years old about to get out of military after first cont...
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Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
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Hello all - Newbie here. I'm under contract on a home I'm buying to live in and Airbnb the attached In-Law suite. The listing agent wrote that the house was 4,000 sq in his description, and the mls listing indicated 4...
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I'm early in my education here, but I think the strategy I want to employ once I get started again is "buy and hold". Probably duplexes at first.
Just poking around craigslist I can find duplexes relatively cheap (t...
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Hi guys, Needing a little help with rentals in Milwaukee, can someone tell me who’s responsible for paying the utilities bill? The landlord or tenant and at what cost they may be?Thanks!
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My main goal with investing is buying below market and hopefully making a lot of money when I sell in 15-20 years through appreciation. With that in mind - does it make sense to improve the property over time to pr...
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I had posted this deal a couple of months ago. The property is still listed (red flag) and I am revisiting this opportunity.Asking Price: $260,000Apartments: 9 Units (Fully rented, average rent is approximately $370/...
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I am trying to find my first rental but in order for it work it has to meet seemingly impossible criteria.
Here is what I am looking for:
SFR, 1600-2000sqf, 3bdr, 2+bth, 2 car garage, built after 1985.
...