Todd Kruger
I just purchased a 52 Unit complex-is this a good idea?
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
Joseph Bramante
What is stopping you from investing in multifamily?
Hello BP members!!
QUESTION: What is stopping you from investing in multifamily properties? What questions and/or concerns do you have about multifamily investing?
I joined BP about 3 weeks ago and have been blown a...
Colby Miles
Properties that dont cash flow
I was browsing some properties in manhattan, ny and some in the surrounding area and noticed that most of these properties have a negative cash flow. So i dont understand why anyone would want to invest in these prope...
Kathlyn Lewis
Tenant late with rent - what to do
Hello!
New to the Landlording game. We recently bought a duplex in Boise, ID and inherited tenants. This is the first month we are collecting rent.
One of the tenants has informed us that she will not...
J C
I have 150K to invest and i have no clue how to go about this. HELP!!
I want to buy some rentals and hold and get the cash flow from the properties and im confused how to go about this. I was reading the Cashflow vs Appreciation thread for the longest and assumed that i can buy some che...
Joe Kim
Cash flow on a $500,000 home - Experiment in scaling SFR
Here is the actual home: https://www.zillow.com/homedetails/4170-Secret-Shoals-Way-Buford-GA-30518/172439897_zpid/?view=public$469,000 to be exact was the purchase price of a brand new construction in A+ property, A ...
Ivan Franco
Investing in Cleveland, OH
Hi Everyone,
I'm an aspiring investor living in San Diego, CA looking to buy rental properties in Cleveland, OH. I'm posting this in the forum in hope of connecting with some of Cleveland's local players. I've tried ...
Joshua Dorkin
New Ways to Gain Influence Points by Promoting BP or Helping Others Use it.
We've added a new way for users to gain influence points -- promoting BiggerPockets!
Here are two new ways that you can gain some serious influence points:
Write a review or s...
Gustavo Alvarez
DSCR Loan Prepayment Penalties
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Joe Carter
My unfortunate situation
I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...