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Hello all! I have 13 units, mostly duplexes, and my goal is to increase by another 10 units in 2021. It appears the COVID pandemic has hit some landlords pretty hard, and I am no exception. With that in mind, and a...
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Hello All,This is my first post after reading Brandon's book and joining the community, so thank you for taking the time to read this. My situation is that I retired early from my tech job and after a couple years I g...
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Greetings BP Fam! I am a newbie looking for advice (and local connections) for my long awaited entrance into REI. Some backstory:I am a NYC native, my fiancé & I are both employed with good pay in the film & t...
Hi everyone,This is sort of an odd topic (and I’m not even sure this is even a possibility) but I have been conversing with an older gentleman who is terminally ill and believes he has 5-10 years left. He has 6 duplex...
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Hi All. Current situation. Renting out what was primary home with net returns of $793/mo. If refinanced, those net returns will become $1122/mo. Currently living in rental which is over 1.9K less than mortgage, includ...
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Hi all, This is my 1st post on BP! Im looking into selling our primary residence a Single Family home in San Diego CA. My goal is to sell our home and defer taxes using 1031 exchange or section 121 ( I'm not sure whic...
Self storage after rehab target metrics (IRR, CoC, Equity Multiple, Cap Rate)?
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I’m new here and to the R/E game. But, I’m watching, reading and learning. I plan on buying my first in about a year.But, I am concerned about the quickly rising costs of homes and building costs and the lag of income...
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Hey everyone, new to the area relatively, and this space as well and was wondering what thoughts you all had when it comes to rehabbing older properties. In my market many of the properties are pre war construction wi...
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A few weeks away from closing on a multi family house and I have a few questions:My agent told me they are doing a virtual appraisal.. Is this good or bad?Just found out the tenant is on disability. Her mother also ju...