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I own a 5 unit apartment building. It really is a very old house (I would guess built in the 1920's) that was converted into apartments sometime in the 80's. This property has a huge hassle factor and is a headache.T...
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I'm looking to move into commercial multifamily in the near future and curious about a few things. With there being several barriers to entry, coming up with a large down payment being one of them, I'm wondering how m...
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hi All, I am not professional RE investors, so I hope that you can give me some advice for my situation.We bought our primary home in 2002 for $300K, the mortgage plus taxes and insurance is $2600/mon. The house shoul...
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Finally got my headshot uploaded so I no longer have to lurk around the forums! XDWhat are your thoughts on Starting Small (Cashflow) vs Going Big (Equity)?Since I will invest in the Augusta, GA, I'm trying to figure ...
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I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
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I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...
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Hi all,
I recently read a post on the BP blog about the importance of having a defined goal for your investment strategy. So, I thought I might share my goal and see what ideas other investors might have for accompl...
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We purchase low income properties for between 10-35k and use them as section 8 rentals between $700-$850 per month. I know that banks dont like doing traditional Mortgages on properties under 60k ish but what about re...
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First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
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I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...