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Small Multifamily (2-4 units) Only Works 1 of 4 Ways Right Now
1. Large down payment sacrificing Cash on cash return. You may be able to break even or cashflow, but you'll be putting 25%+ down and your CoC will b...
Hi BP,New to the forums here, tho I've listened to a couple podcasts and am anxious to get started. My wife and I currently live in a SFH that we bought in 2010 and are planning to move out soon to a different proper...
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Good evening,
My wife and I are plan on buying a home and after two years we will be relocating. We plan on renting this property out in our absence using a property manager. With only a two year time frame should th...
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I pulled my list 30%+ equity, 3-5 bedrooms, absentee owners.The farm area is sitting at 34k households in total, of that amount 5,500 are absentee owners! 16% of the homes in farm area are NOO!I'm wondering is there a...
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Good morning ladies and gentlemen,
so like the title says I've been getting a little discouraged lately. I'm trying to find a multi family home in my area to start house hacking. Everyday I search Zillow, realtor.com...
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Hello BPs,I need your suggestion/guidelines on buying a 2/3/4 plex multi-family house for the first time.My budget is around $400k and looking forward to holding for 4-5 years. A couple of questions:1. Do you recommen...
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I am a "Millennial" looking to invest in rental real estate and every time I talk to someone my age about my real estate investing goals they look at me like I'm insane! So that got me thinking, for a lot of Mellenni...
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Hello! I stumbled upon Bigger Pockets recently and have been listening to the podcast non-stop ever since! I just finished The Book on Rental Property Investing and now have a list of about 20 other books (thanks to a...
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Hey bp. I have a question that I am unsure about. Can a homeowner get money out of a short sale? I have heard different things and am confused. A short sale I am dealing with the bank told my seller that any money the...
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I recently moved out of Michigan to West Virginia. Given the market in the Metro Detroit area, I have chosen to rent out a 3/2 condo that I own. I've also handed things over to a property management company given that...