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Hi All,I am a general contractor in central mass who also has done some flips for realtors and myself. I have been looking for an off market deal for an investment property and have found one. It is a small single fam...
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So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
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What price range should a first-time investor look for and where did you start and how did you start
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Well, we are under contract on our first investment property! Actually, it's the second time we're under contract on our first investment property... Walked away after the inspection on one deal...
Anyway, here are t...
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I "retired" 5 years ago but kept two rentals because they're in great locations, with great tenants, good (not great) cash flow and are appreciating nicely. My plan was to sell them when I turned 70, in 5 years. Howev...
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Hi everyone, I'm fairly new to BP and would like to start investing in RE. However, my current situation is that I live in an expensive market (SF Bay Area) and I am currently renting a SFR. I have some cash saved up ...
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Hello all!My name is Dustin Kroeker and I live in Santa Cruz, CA. I grew up in the Central Valley of CA in Bakersfield. I have also lived in Michigan (played for the Detroit Lions) and Seattle, WA (played for the Se...
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Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
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Hi Everyone! I’ve been doing a lot of reading both here on the forums as well as real estate investing books. As someone starting out with no actual experience, it’s a bit of information overload. Since I’ve been lurk...
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This is my first post on here, any advice is awesome! Heres my question, my parents are about to sell a lot and they should profit around $550,000 from it, we want to do the 1031 exchange. What do some of you recomend...