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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...
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First time investors. We found a property (multi-family) 2 units, 2 bedrooms/2 baths in the front house, and a full bath with kitchen efficiency in the back unit. Good price in a developing neighborhood near downtown ...
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Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...
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Hi All,I own a condo (rental property) in Santa Monica I bought for $270k (currently owe $240k). My neighbor, whose unit mimic’s mine, sold recently for $490k. I am looking to take the next step in real estate inves...
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Hi, I'm Florent from Toronto, Ontario.Newbie at investing in general, I have decided to start looking into it a few months ago and I am now ready to make a move.I currently work a full time job as an engineer and I wo...
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I live in Folsom, Ca.
Bought house 6years ago for 575k, and currently valued around 850-875k, its 20 years old house.
We are thinking of moving may be to different state.
Can't decide whether to sell or rent it out...
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So I am almost done with my 2nd brrrr property this year. I completed my first property and was able to cash out all of the property cost plus rehab cost. I bought in cash and when I went to refinance the interest rat...
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Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
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The slowdown in the real estate market is now a reality and I am glad to see that it has been gradual until now, as a steep decline will certainly push us into a recession. I have been negative on public companies tha...
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I have two multi-family properties purchased within the last 8 years in Fresno, Ca. Although I have always passionate about real estate investing I'll be the first to admit that when purchasing these I didn't do my ho...