I'm curious what the opinion/prediction of the experts is on mulit-family the next few years. What I have seen in Utah is cap rates coming down from 7% +/- to below 5% in many areas with older properties. The invent...
Hi Guys,I have been looking around at various deals for months now and I think I found an off market deal that might be a good investment. I am having a difficult time overcoming the fear of overpaying or loosing my s...
I just closed on a property yesterday. At closing the seller hands me a letter from a single tenant requesting the landlord give the OK for her husband who is getting out of jail in February to be able to stay there, ...
Very very preliminary. Multi-use commercial space. Purchase price, $600,000. Long term tenants. Net operating income of $150,000 a year. Expenses of $56,000 a year. Cash flow after mortgage, $5,500 a month. No expr...
Hello everyone, my name is Dave. I’m from the Detroit Mich. area I am new here and wanted to introduce myself. A little history on my investment real estate journey if we can call it that….
Back in 2005 my wife and I...
Currently charging $1000 a month and lease renews on 6/14. Current tenants are easy going but are late alot and take ok care of the property, they could do much better but I can live with it if it does not get wor...
I've been looking at multi-families, and few ever get close to cash flowing with my specific circumstances, but there are some properties that could work... but only if the rents were increased. So I was wondering how...
Howdy, I find this forum to be an excellent source of information! Thanks ahead of time. I've learned a few things as I explore diversification options in real estate. I need to learn much more.Over several months, we...
Hi, I’m someone who’s been interested in REI for a year or two now and I’m just trying to take in as much information as I can. I only want to focus on buy and hold investing in long-term rentals, specifically SFH and...
Hi BP members,I want to use my 401K for REI. I looked into SDIRA but prefer to do a Roth conversion (pay taxes) and then invest in RE within the Roth. I am able to withdraw without penalty. Has any BP members done ...