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Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
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Hey BP!
Looking to buy my first rental property. It's in the South Jersey market and want your input on the deal
Single Family Home, Purchase Price $147,500, located in South Jersey, rent is 1600-1700 and is mostly...
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Hello everyone! I am a Realtor and new investor in the Savannah, GA area looking for advice. Here's a brief rundown of my situation:I have owned/lived in my home for almost 5 years. I have a 3.25% interest rate and my...
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My fellow BP'ers,I am running into a reoccurring issue lately. For a little background, I am located in the Cincinnati, Ohio market. I am looking for a 2+ multifamily property, the amount of units does not really matt...
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I wanted to start investing in multi-unit properties(5+), and before I jump in, I need to understand the basic math behind this type of investment.I want to try with classic strategy of buying a value-add property, wh...
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I'd would very appreciative of some solid advice on investing as a limited partner in a multi-million dollar multi-unit property. Investment group is trying to raise the capital to but. Investment group members consi...
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Hi All!I need some help analyzing this deal and what the best approach is to finance it.So this property is located in New Jersey, in a very good A neighborhood, approx 1hr to get to New York City. It is a 3 family ho...
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I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
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For everyone reading this is also a blog post in my member blog but I wanted to share to get feedback and motivate others.Trials and tribulations of purchasing my first rental property with no money (A Motivational st...
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I have a home in a HOA that is Useless on a good day! Here is the Language as it is written in the CC&R
Section 1.1. Rental or Lease of Lots. It is the intent of this section to protect, enhance andmaintain the ...