Im in the learning phase of real estae investing.Im 65 and was wondering if it is better to invest in multifamily or single family.My theory is single family if empty is not good and at least with multi family if one...
I did my first deal last year. I bought a rooming house. 13 bed 7 baths. It's a lot of work and randomly there are late-night calls but I cash flow around $4000 a month. It's an old house with its share of problems. H...
Hi BP Community of Grand Rapids!
I joined BP earlier this year with the goal of learning everything I can about real estate investing and to purchase my first home in 2021. Through reading a few books to listen...
I am thinking about buying some properties in Wichita Falls Texas. Whereas I do not live in that geographical area has anyone had any success working with a realtor that was also a property manager that also had conne...
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
I have 8 SFHs. I am at a crossroads in the journey. I’ve learned more in the last 3 months than I have in the whole 10 years. I own a house that is worth $130,000 and I only owe $8500. My end goal for real estate is n...
Hi all, i was wondering if anyone has experience moving from buying multiple quad/triplexes, and then moving to larger commercial units like 20+ unit apartment buildings? what is the advantage of moving to these large...
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Hey everyone,
This is my first post on BP so take it easy on me! I am a new investor...
I'm not quite sure on how to structure my bank account... currently I have a property account and a cash flow account, to separate the cash flow from the expenses, but should I be opening a business account and within...
Hi,
I'm trying to understand the ABCD classification of properties, tenants, neighborhoods...
How would you explain/classify it? Could you point me towards good ressources?I live in Montreal, Quebec, and I rarely he...