I am buying a quadruplex that takes in $2400 in rent a month. Original closing was set for the 12th but do to appraisal/inspection delays it has been pushed back to the 20th, maybe 21st.
The closing was pushed back ...
Hi BP family. Hope everyone is safe and taking advantage of the quarantine
I am a newer investor. I work and live in Europe for roughly 10 months of the year. When I do come back stateside its normally to my hometown...
Hi BP friends!
I have done my first deal. It was a multi family REO. We rehab it and have been coolecting rental income nw we are in the process of our exit strategy which is to sell the property.
However, my questi...
So today, I was listening to the most recent Bigger Pockets Rookie podcast (ep. 48) and a particular segment piqued my interest. The guest (Richard Kelly) talked about how he 'partnered' with a friend of his who was e...
Thanks, all, for all the knowledge you've shared - I've learned a lot on this forum.I'm finally writing with a question. I'd love a 2nd opinion on this approach I'm considering:I'm inheriting $50,000 and I'd like to i...
This was my first property in Baytown, TX which I bought using funds in SD-IRA and took a non-recourse loan on it as well. Its rented out for $1400 (lease was renewed for another year in March), professionally managed...
Hey all,
So I own an attached SF, it is a “half double” or “half duplex” as some call it. I bought it 3 years ago, stole it on a Hudson & Marshall auction. I have been interested in the other half since day one.
...
BP,I understand everyone's goals are different (as they should be) and customized towards what they are trying to accomplish but why are so many people ignoring the other aspects of yield in RE investing and only focu...
I know no one can answer this but I guess I'm looking for advice or prior experience with this. I recently retired at the age of 55 and live in the San Francisco Bay Area. Financially, I'm secure with a guaranteed ret...
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...