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For everyone reading this is also a blog post in my member blog but I wanted to share to get feedback and motivate others.Trials and tribulations of purchasing my first rental property with no money (A Motivational st...
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Ok my realtor sent me an email for a turnkey deal. it's a 34 unit apartment complex with management already in place. Strong well maintain community. The purchase price is $2,040,000 It was built in 1998, cap rate is ...
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Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...
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Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
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My goal is to invest in small multifamily properties using creative financing.I am open to any mentorship regarding deal structures, network building, team building, construction management, and property management.I ...
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I'm in the learn-obsessively phase, but sometimes simple things need explained to me. Scenario:I found a triplex in my area that I'm interested in. The potential seller is someone I know and doesn't do much with the p...
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Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
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Hello everyone, I’m new to bigger pockets. I usually just watch the YouTube but never actually came on the site. Pretty amazing what you all do. I live in Boston where it’s getting harder and harder to cash flow nice...
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My house is built in 1925 with thick beautiful hardwood floors all through out, I was looking to hire a professional but it is so expensive when I can rent the machine for about 50$ a day. I 've seen houses with the b...
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What is the best/most effective way to invest in real estate if you are a person with access to capital, but no desire/skills to become a landlord yourself? If you had 100k - 200k to invest in real estate, and wanted...