BP Friends, Finally after several years of "analysis paralysis" on different properties, I had a courage to partner up with my family members and pulled the trigger on a MF property. The property is under contract and...
Looking at a large office building but there's not much around that's similar. Should I just go off the CAP rate?
My goal is pretty simple, if you can call your first real estate investment 'simple', to owner occupy a 4-plex. A cash flow, even if very small or breaking even is my current goal.While I would love to buy and rent ou...
Hey BP, I had a question on saving for expenses. I understand from the podcast and reading how important it is to account and save for Vacancy, Repairs, and CapEx Expenditures in Buy and Hold Rentals. The BP calculato...
Dear members, My name is Moshe, very new to RE investing, reading and learning as I go. I was able to meet a wholesaler with the following deal: Location: Shamokin, PAAge: 50 years Units: 10-2 BD's and 10-1 BD'sAverag...
Hey friends,My husband and I have a SFH rental that has been cranking for us for 2 years now and we love it. Looking to step-up by purchasing a quad-plex and found a property we love. The property is certainly uniqu...
I'm a newbie here and would greatly appreciate some feedback.3 Unit PropertyList Price 69,90020% down (13980)Loan 55,920 at 7% for 30yrs = 372/moINCOME2125/mo (25,500/yrly)EXPENSESTaxes 3087yr (258/mo)Ins 1200/yr (100...
Can someone please explain this is laymen's terms? This is on an MLS listing for a duplex. The price is 96,000. Thanks,Terry
I'm looking at a duplex locally, and want some advice on what you guys think it would be worth!
Asking price: $49,000
Approximately 1400 square feet, so the apartments are a bit small, but has a detached garage, w...
It's very common in the old parts of Milwaukee to find small commercial storefronts which also have 2-4 residential units.
I found a 4-unit which I like purely on the merits of the residential units. I like it enoug...