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Hello, I just got news that my financing back is no longer funding my deal...I am under contract to purchase a 2 family home in The Bronx (NY). After getting the loan approved and getting a clear to close, the bank ha...
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Ok, working through the analysis on this deal and I am hoping for some feedback. It is a 1984 Quadplex totaling 3670 sq. ft. Unit 1 - 4 b/2 ba Rent $725Unit 2 - 1 b/1 ba rent $500Unit 3 - 2 b/1 ba rent $625Unit 4 - ...
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Which city is most profitable: Indio or Palm Springs for a house? Are there key regulations that would limit Airbnb there?Or maybe it is a another neighboring city would would do better for Airbnb profitability?
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It seems like a lot of the good deals on multifamily properties sell at auction. But, most of the properties on auction.com are being sold cash only. Any ideas on how to get around this and buy one with financing? Cou...
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Hey Everyone I'm 24 years old trying to figure out REI. I figured after searching through forums on BP I'd ask some of my personal questions.
My father passed away unexpectedly and my mother, brother, and I inherited...
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"Deal of the Century"
That is how this property that I am interested is being marketed. Somehow I doubt it. Quotes like that are a big turn of...
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Hello BP community,I have been in the market for several months now looking for my first small multi-family property and its been a slow process to say the least. Properties are going fast and furiously here in Chicag...
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For those who have hired PMs or had to train their own PM, please talk me off the ledge (or push me over)... I just found out yesterday that 3 of 25 units have not paid April rent yet (and I found out on my own). My...
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Hello Everyone!I'm an investor from Anaheim CA, but currently looking to invest in the Crestline/Big Bear area! According to the local realtors I met with, the market here is very hot with little inventory. However, a...
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Second post. Learned a lot from the first post I did yesterday:). I put a house in a very good location under contract for 83K. Inspection revealed tons of major issues in the crawl space (flooding etc) and renovation...