Hello,I am new to biggerpockets but have been browsing the website for a couple months! I've finally decided to leap right into the Buy & Hold market and I am looking for a little help.Background-I am enterting in...
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Garden style apartments with off street parking (no covered parking)
Building Attributes: Exterior Walls are Brick/Masonry and Pre-Fab Wood Land 2 Acres
Total Units: 24 (1 bedroom- 18 units; rent $850) & (2 be...
Hello BP!
In 2017, I purchased a 20 unit multifamily property with value add. After increasing the income and reducing some of the expenses I've reached a point where I would like to sell to move to larger investmen...
My total expenses cost about 2650 a month. I did some research and came to a conclusion that I may be able to get 2400 a month if I rent it out. I was wondering if it would be worth renting out and paying the extra co...
Hey guys, I’m in Quebec, Canada and looking to purchase a cabin/country house for personal leisure purposes. But I’m thinking; if I rented it out a let’s say 2 weeks of the year, can I claim the other 50 weeks of the...
Hi all,We self manage our properties and save monthly for taxes and insurance for all of our properties. I can't seem to figure out a way to get journal entries correct in Quickbooks to keep track of each property. Te...
Hello,I am looking for some guidance on the prospect of developing vacant/unused land into apartment and/or a condo mixed use development. I have an inside track to some well priced, city owned land and am interested ...
Hi BP, I have $100k. I can either pay for two SFHs with good cash flow, or use the money as a down payment for a multi family in a trendy but expensive neighborhood here in Chicago. The first is a cash flow play, th...
Hi Everyone,Can you please share a time that a deal did not follow one of the rules of thumb (2%,50%) and was still a good one? I have taken the beginners course here on BP and read about these RoT and everyone says t...