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I'll try to make this not too crazy complicated. We recently bought an 11 unit complex. The aquired leases were handwritten, one page and very lacking. We have been rehabbing the empty units and significantly raisin...
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I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family m...
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I was discussing with a co-worker the other day and he asked me " If you had a million dollars cash, would you still buy real estate?"What do you say?
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Our lease does not have a clause in it for when a tenant would want to break the lease early. I don't know how this slipped through the cracks. Has anyone been in this situation before? The background story. We rent a...
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I grew up in an atmosphere where my family had rentals and so now at 32 I currently have a house and duplex that I rent out here in California. I think I will lean towards apartment complexes as my next purchase and ...
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Hey everyone!
I'm diving headfirst into property development here in Chicago, and honestly, I could use a little help from the community.
Here's what's on my mind as I kick off this journey:
Finding the Right Deal:...
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Hi there! I am looking at a 10 unit multifamily condo type complex. It's in a B class area. I am wondering what sort of CAP rates members are seeing for similar types of properties. I know this is very general inf...
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I have some money and I'm not sure what to do with it in re. Since I know this all depends on my goals and what I'm willing to do this is it (pls don't ridicule me for my goals lol):⦁I want to be somewhat passive in t...
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Mostly because I’m nosey, please reply yes if you’re a DIYer, no if you sub out all work, or some other hands off investor method. Along with details if you wish. Fyi, I’m definitely hands on, even built from ground ...
Hi BP Community! As the title questions, do you all think it is safe or advisable to begin to (or plan to) invest in areas near the planned revitalization efforts near downtown Memphis? I'm pretty familiar with the in...