Hi everyone, my name is Rashad Alexander and I'm a new investor as well as brand new to BP. I've been reading and reasearching real estate investing for the past few months and feel that now is the time to take action...
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I'm in contracts to purchase my first investment property in Phoenix. I wanted to run the numbers by the community to see if this deal makes sense. I'm purchasing new construction in Arizona in hopes to minim...
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I am excited to get into real estate investing. I purchased my first property, a triplex for 500k and will live in one of the units. I have ~200k saved up and would like to build a portfolio of properties. Ho...
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My job contract will end in the May of 2020. I have no intend to find another job now but rather I would like to live completely on rentals. I have one rental property which generate $500/month cash flow.Sinc...
I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...
Hi BP Family ! it's been a while, I hope everything is going well for everyone . I was just curious how having your real estate license influenced you're investing. Is the trade off between liability and access worth ...
What's a reasonable range for homeowner's insurance for a fully remodeled older home? This is my first time buying a house and getting an insurance. The house is built 1920. New electrical, plumbing, HVAC, water &...
Question for the Tax Pro's out there. We are considering the purchase of a home that include two city lots. Currently a home is on one lot and the lot next door is vacant. The purchase will be for both lots plus ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $7,250,000
Cash invested: $1,750,000
104 unit in an area where not many units were coming online, 25% owner.
...
Hello,
I'm working a new home construction project in the state of Illinois.
Here is the quick break down of the deal:
Property type: SFM
Size of Property/Lot: 1600sq/10,000sq
To...