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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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Hey all,
I bought my rowhome here in Philadelphia back in the real estate craze of 2021. I intended to live here for at least five years, but some life circumstances have changed, and I am likely moving in a year or ...
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Hello BP Community,We just put in another offer late last night. http://www.realtor.com/realestateandhomes-detail/3...
I offered $250,000 with 20% and interest rate of 4.5%.Does anyone know of this street or neighbor...
Hi Everyone,
I'm just looking for some suggestions on what to do with a duplex that has never performed well (seems like we need to keep adding cash for repairs and maintenance all the time and/or tenants a...
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I turned a property into a furnished rental for traveling nurses or visiting professors. The house is 2.5 miles from 2 hospitals and 30 minutes from 3 other medical facilities. The first year was good. Recently, I'...
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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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Im a real estate agent based out of Indianapolis IN. I'm 20 years old and still in college so I've been spending the last few years soaking up as much real estate knowledge as possible. Recently I worked with a very ...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
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So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...