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Hello Everyone,My name is Mike and I just moved to Lexington, KY with my wife a little over a month ago. I'm a 2014 MBA graduate from California looking for investment opportunities in the Lexington area. I'm also an...
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Hi,I have a previous post about how I am looking to become a full time real estate investor. Anyway, I have considered a few paths, learning to flip and wholesaling. Wholesaling seems to be more of the path for me. My...
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Hey everyone!Hope you all are having a nice, productive summer! I've been insanely busy running the kitchen here at the restaurant, which makes it hard to really focus on the REI bit. My realtor and I have stumbled ac...
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We are downsizing our home to increase our buying power (and simplify life a bit). We will be living in this property (3 bed, 1 bath, 1100 sqft) but have decided that whatever property we purchase will have the abili...
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Good Afternoon fellow investors!!I’m contemplating putting an offer on my first multifamily (2 fam) and I need some guidance on the deal. It seems like cash on cash return and cap rates vary from area to area. I know ...
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Greetings,I wanted to post the results of my first fix and hold. The property is a two family in Albany, NY. Each unit has three bedrooms and one bath. It was vacant foreclosure at the time of purchase. I used a HELOC...
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First post for me here on BP. Thanks to everyone on the site, I have learned a lot. I am a fix and flipper and have a home that I am rehabbing in a nice neighborhood. The home is going to turn out very nice but...
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Good afternoon everyone,
I have a question...
I have found what I believe to be a good investment property. The asking price is $229K. I have an accepted offer of $215K. The comps for this property show a house that...
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I've been going through "The Multifamily Millionaire: Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from pro...
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Hi,
I currently decided to bail on the stock market well sorta. I sold around 100k of stock. While it was a very tough decision to make. I decided to protect myself some.
My current Bank won't allow me to refinanc...