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For you other Massachusetts multifamily investors, how much cash flow are you looking for per unit in the current market? It seems as though $100 per unit after mortgage and expenses is a good deal in the current mark...
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I’m a beginner - haven’t even bought my first rental property yet. My ultimate goal is to buy or build my own neighborhood of rental properties. When I start out, should I get a personal loan or start an LLC?
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Hello guys,I just purchased a four plex in St.Paul, MN.I am planning to run it as mixture of short term and long term rentals since there are existing 2 long-term tenants.I got the quote from my usual insurance compan...
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I'm looking at an STR that has been on the market for some time. Looks like it was purchased in 2019 and on and off the market since 2021. I am very interested in approaching the seller with a seller-financed deal or ...
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Hey all,Im new to the forum but exited to join and gain/share value from experiences. Im currently under contract for my 2nd house hacking property. The inspections were completed and turns out that a good amount of t...
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I have a deal im negotiating that i think i can pick up for 52k in st clair shores, MI 48080. 85-95k is the ARV and can sell fast. It already has updated plumbing, electrical, and a new furnace as well as some applian...
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Hey All,
I just purchased a 4plex at 10th St and N Tuxedo St, it's a 4plex (all 1 bedrooms), which I've completely renovated top to bottom. I have it listed for rental right now, but if someone would like to use it ...
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Hello Everyone,I am currently working in Florida but planning to move to a different state in the next 6months. I am hoping to buy my first property in the new state. Since my employment is still in Florida, can I get...
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Hi everyone,What are your thoughts in Oakland, PA? Im trying to do my due diligence on the area.The high taxes of Allegheny, as well as year after year population decline worry me. However with CMU and Pitt being ri...
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Hi BP Community,
I’m looking for a little advice on a potential down payment partnership. I’m getting ready to close on my first property with a 3.5% down FHA loan, but I now have interest from a partner to be a 20% ...