Jason Noel
First Time Mobile Home Park Purchase
I am looking at purchasing a mobile home park in the town I live in. The basics of the listing are:Purchase Price: 2,500,000.00NOI: 224,000Cap Rate: 8.965.311 acres18 mobile homesRenovated in 2020I have never made an ...
Alex Mora
House hacking analyzing ?
Hey BP Family.
I am in going to be purchasing my first investment property by the end of the year and I plan on house hacking it. I am wanting to get some feedback/guidance from other house hackers/investors on when...
Sarah Curtis
To sell or not to sell
My husband and I own a fourplex that cash flows extremely well. We both work full time for a property management company, and always wanted to own real estate of our own for the purpose of building wealth, having fina...
Account Closed
Cap rates on Turn Key Apartment Buildings worth $1.5m-$2.5m?
What is a reasonable cap rate to find on current MLS listed apartment buildings, in a good neighborhood (A/B) in the $1.5M-2.5M if buying at fair market value?I know there are a ton of variances here, but if anyone ha...
Howard C
Hold Paper but the Buyer defaulted on the Loan - What should I do
I am currently holding a 2nd mortgage on a property that I sold to a homebuyer. He is now in default for over a year (I am still making payments on time on the 1st). I don't wish to start a foreclosure process or a d...
Christian Anderson
New Member from rural minnesota
Hello everyone, I am from Chanhassen Minnesota and have been studying real estate and learning the market for the last few years. Real estate intrigues me and always keeps my interest. I have been growing the savings ...
Eric Bateman
"Tell Debt Do Us Part, Or Maybe Longer"
This is my first post on the BP Forum and I am fairly certain before the ink drys most members already know the answer. But with over 20 years behind my belt in Real Estate Investing and Flipping the question is still...
Account Closed
Bristol, CT 3 family advice
Hello bigger pockets. I'm currently looking into buying a 3 family house in a B+ neighborhood in historic federal hill area of Bristol CT. The house has completely been renovated and fully occupied at the moment. I be...
Matt Moldenhauer
What to do with extra money?
So my wife and I combined finances after getting married and are looking for ways to put our money to work. We each owned our houses before we got together. Right now we're able to set aside about $3,000/month. I stru...
Corey Block
How much money to budget for repairs and capital expenses.
So, I have very recently discovered that I have made the grave error in not accounting for repairs and capital expenditures for my rental units. I have owned investment properties for going on 5 years, currently own ...