Chris Gawlik
My first Multi
I am investing in desert hot springs and the surrounding areas. I could actually use some advice on a property that we just opened escrow on. Its in Desert Hot Springs and I'm not very familiar with that area. I was t...
Sylvia B.
Negotiating a purchase - stick to our guns?
We're looking at purchasing a SF home for rental. We found one that is practically turnkey - it could be ready to rent in 2-3 weeks at most. We estimate $500-1000 for improvements/repairs because it needs very litt...
Mark Millich
Newbie Seeking Advice and Guidance
Hi, everyone! I am brand new to the world of real-estate. However, what I lack in experience, I make up for in passion, drive and work ethic. I’m currently reading The Book on Rental Property Investing and just upgrad...
Rich Somers
I have a 5 unit under contract and have inspection questions!
So I currently have a 5 unit Multi family under contract in Louisville, Ky with a 21 day inspection contingency period. The building is over 100 years old, seems to have somewhat updated plumbing & electrical and...
Julian Buick
The 70% Rule
The 70% rule of thumb seems like a great way of determining how much to purchase a house for. How many people that use the 70% rule actually achieve the 70% rule once the rehab has been done and the house has sold? In...
Kevin OBrien
50% vacant multifamily property. What to offer?
Good evening BP!
I found an off-market multifamily property. The owner said that it has been mis-managed by a property management team who was new and were not able to successfully stabilize the occupants and it has ...
Sebastian E.
Is Baltimore turning a corner?
I am interested in hearing thoughts on Baltimore City as a place to invest in real estate. I have been optimistic of late with how constructive the manifestations have been here relative to the other areas of the coun...
Paul D.
Besides the calculator how is everyone analyzing their numbers?
Hello everyone!I am looking at a few properties and have a strategy in place I want to utilize with investment properties mainly in multi-families. So My question to everyone is that when you see a house that attracts...
Kyle Kelley
Deal Analysis - Need Help! Is it worth haggling over 6K??
Hi all, I need some help analyzing a potential deal. I will provide the basics of the scenario:2 properties for 1 price: Sale Price : $56000 vs $50000 Total rent : $1450Vacancy (8%) : $116 (although both properties te...
Alan Lambkin
Newbie from Shrewsbury MA
Hello all,My name is Alan and I live in Shrewsbury MA. Tax-achusetts as we call it here. Other than my current home, which was also my first purchase, I am relatively new to the real estate world. In June of 2014 I ju...