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Hello! I'm new to Real Estate Investing, and I want to get more involved here in BP. I have a question that I haven't seen here in the Starting Out forum. Some backstory: I work for a large corporation here in Cen...
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So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
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I was recently thinking about how many investors don't limit themselves to their local market, and they even invest out of state. Soon after, I thought to myself, why limit yourself to only one country? Is it possible...
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I'm in a tricky situation with my first deal.I closed on an investment property in Georgia and about 10 days later the lender is saying that the deal violates a Fannie Mae guideline in that the cash back at closing ex...
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How would you guys calculate an expected number for ongoing repairs and maintenance on an old, lower-income type property?
Specifically, I'm looking at a 9-unit building that is about 100 years old and has gross inco...
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ok im about to make an offer on a duplex. My cost i going to be $93,000. My mortgage is going to be $758 a month, and my two units are occupied at $450 on each side. This is below the little cul-de-sac. So we got ...
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About a month ago, there was a break-in at a property I manage in Cleveland Heights near the East Cleveland border. The owner was interested in selling the property, so he gave the listing to a real estate agent. The ...
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In the area that I live in the state of Rhode Island the houses are selling way to fast, I've be trying to buy a house for the last six months without any luck, a lot of houses are getting under contract without the b...
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Hey community,As the title states, I am a first-time home buyer in Atlanta. My goal is to generate another revenue stream aside from my full-time job, so in the future I'd rent out the property instead of living there...
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I'm wondering if there are other flippers out there that are having trouble with their end buyers not being able to get financing due to the banks tightening of credit. I have two rehabbed properties for sale and I'm ...