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I have the opportunity to buy a mobile home park. I asked a broker I know about multifamily investing opportunities and he showed me this property. It is not listed on the MLS. It is 5.7 acres, currently has 12 mobil...
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I'm stoked about my recent success - closing on my third rental property and getting it rehabbed and rented in less than 5 days.I closed on Friday afternoon and immediately went to work. I pulled 16 hours a day for t...
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Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
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Hi everyone, I'm working on a up/down duplex deal. Both 3/1. It has a value add of making a 2/1 or efficiency in the basement. Anyway the owner has got bigger irons in the fire and has just lost interest in smaller ...
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Hi all,I've been lurking on these forums for quite some time - today is my first post. I could use all of your help. I recently came across a four family property and seller wants $725k. I want to house-hack one of th...
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A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
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Hello, I'm hoping to understand the greater Phoenix area for buy and hold multiplex investment. I'm from inland Southern California and visit Phoenix a couple of times a year and really like the area. Are there good a...
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Hello Community,We have an investor! Our investor is willing to loan 100% of the price, but wants the property in their name until 20% it is paid off. With an 8.5% over 30 years note. I am concerned with how long it...
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Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Hi Folks,This is my first actual post on BP in 2 years even though I read other posts daily.With two year anniversary of my first rental purchase coming up I'm reaching out to BP community regarding your experience/re...