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Hello friends,I'm newer to the CLE market (invest mainly here in LA, where I'm based), but I know some folks who are also out of state, who've had good experiences investing in SFH in the area, so I"m looking into it....
We closed on a house in the DMV area at 403,000 with 20% down back in march, 2020. The house has gone up in value by almost 80k since than and the net positive cashflow is $760 per month IRR is almost 19%. The cash on...
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Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
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Hi BP friends, rookie question here. I have a few properties, but the next one will be in an LLC. Been reading up on the basics of that, however, do folks typically open up a new credit card for purchases? Sounds triv...
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I totally relate to so many of your comments - been through all of the confusion, fears and analysis paralysis. 15 years after acquiring my first property, I am still learning. It is never ending - for every investor...
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Hello Guys, Looking to purchase my first multi family I currently own 5 single family and I"m seeking better returns. My budget for a multi family is 1M-1.5 M I'm looking to purchase in Dallas or Florida. I keep heari...
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Dear BP Community,I am looking to invest in a duplex – live in one side (with a roommate), then rent out the other side. I am currently analyzing a deal in my area and would like the BP community to council me. Her...
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Hey everyone, I am new to Bigger Pockets and this is my first post. I have an endless list of questions but I'll start with my most nagging. Let me first explain my current status. I am currently renting and I plan to...
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Hello all,
My wife and I have finally gotten all of our ducks in a row (finances, credit, capital) and we are ready to take a dive into our first property. We live in Raleigh NC and its near impossible to find a prop...
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I've always been the most interested in commercial midsize multifamily investing. Want to get into the game in the very near future. Is it possible to start with small to midsize commercial multifamily properties? Pro...