Okay so here it is by the numbers. Cash flow is historically low in my area so we are shooting for $300 or so net cash flow. Multi Family Tri-Plex - Fully Rented currentlyStrategy: buy and hold$145,000 asking price (s...
I’m currently in the process of possibly purchasing a duplex in the Memphis area and I was seeking some much needed advice. These are the details about the purchase:
The seller is asking for the duplex is $19,000, (H...
I receive the majority of my income through Buy & Hold Real Estate and am looking for a way to calculate how much I make a year, sounds simple right? I currently own 90+ rentals and buy 20+ properties a year usin...
I purchased an investment property using Sherman Bridge hard money loan. I was promised some many different thinkgs than what was actually provided. First, I was told that my downpayment would be 10% of the purchase. ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $58,000
Cash invested: $11,600
Duplex for sale from another investor that was held for the past...
Hey everyone, I've always been under the impression that investors try to purchase properties for 70% of ARV (Example: $60k purchase, $10k repairs, $100k ARV).. but today I was listening to a podcast and the host said...
My wife and I bought our second rental property last fall - a 4-plex. I’ve been hearing about taking the bonus depreciation and while it sounds like it would be a great strategy if we were full-time real estate profe...
I was wondering if anyone could break down an email I received from a commercial lender at a local bank. We asked about a business line of credit of possibly putting up some properties as collateral or maybe refinanci...
Happy Saturday, people of Bigger Pockets!I, ideally, want to buy my first property in the low price range to minimize the cost of likely mistakes. Feel free to let me know why this is a bad idea!:)So I am looking to s...
Hello everyone! My name is John Sheffer. I am from Eden NY, a small town about a half an hour south of Buffalo NY. I have no experience in real estate investing but am eager to learn. I have been working in the constr...