How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
I have a tenant that has been paying rent late for the last 6 months. Rent comes in anywhere between the 15th until almost the end of the month. Is it typical for property managers to keep the late charge collected? ...
Am considering going in as a first time investor / hard money lender (limited partner) on a large (150+ unit), ground-up multi-family.The opportunity came to us by way of one of the managers of the deal, who is a frie...
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
I am in the process of trying to buy a fourplex property without a down payment through an owner finance agreement. I do not have anyone close that I can discussed this over with to get and outsider view point to p...
I am a new investor looking to get a multi-unit for long term rental. I live in Chicago's North Side so that is where I have limited my search as I understand the neighborhoods better. Whenever I calculate coc, the ve...
Hello All,Goal: to provide a fatFIRE lifestyle at a typical retirement age. Currently, I'm 43 and my retirement age would be 68. My wife and I own 2 duplexes and 9 SFM for 13 units, we cash flow about $5,500 a month...
Hi all! Long time lurker here. Looking for some feedback; what would you do in my situation?I live in Jersey City, NJ in one bedroom condo that I bought in 2009 for $140k. I put down $40k initially, and refinanced in ...
As an experienced real estate investor, having already owned dozens of properties and a real estate brokerage, I found instant wisdom in Robert Kiyosaki's "Rich Dad, Poor Dad." I read the book and thought, "This guy ...
Hi BPers! I'm looking to buy a condo in South Padre Island, TX. There are plenty for sale down there at what appears to be good prices. But that's part of my hang-up. Why would so many people be trying to get rid of t...