I've never had an equity partner in all the deals I've done. I've only used my own money, private money and bank financing to fund my own deals. However, this has limited me to doing a fixed number of deals per year...
So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
**This is the intro to a possible multiyear diary. Sorry for the long first post, I wanted to give context. My goal is to update this every month when I update my personal balance sheet**So today is my 38th birthday. ...
So I just received an intriguing offer on a property of mine from an investment/wholesale company. I bought this property in August of 2019 for $60k. I spent 6 mos on a complete rehab by myself, put in about $15k. (20...
Hi everyone, I’m a current agent and interested in purchasing 10 personal homes over the next 10 years. Every year I plan on renting out my previous home and buying a new primary. I am licensed so my commission will g...
Hey guys, I just wanted to start out by saying I love the wealth of info BP provides.
I'm a young Realtor in Edmond, OK (northern suburb of OKC). I just finished my first year of selling real estate, but I became ...
Hey guys, Wanted to drop this deal I just closed. I've been chatting in DM's with so many who want to get started with investing in Detroit. Doing things a bit different now. I've learned my lesson about relying on tu...
I am buying my first property for rental income . It is 4-plex . I have couple finance options. The first one Is putting %10.5 down 4.62 interest rate no seller concession . So I am paying 37K out of my pocket with ...
Hi guys I am purchasing my first home and want to know if this would be a good deal. I am approved for a FHA loan, I found a double that I like. It is an all brick double that was built in the 50's. It has central ...
I have seen so many posts and scam programs from people who can help you "get rich quick" by flipping homes talking about using "other peoples money" to flip homes. Well, as an investor and agent of almost 20 years le...