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I'm curious what the hive mind thinks.My husband and I bought a 36 unit property in November 2014. It was a total slum - drug dealers, cockroaches, etc. Through our personal blood, sweat, tears and money, we renovat...
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I have an opportunity to purchase a SFH for below market value in a good area with a lake view. I have a motivated seller (a relative of mine) in my network who is going to be ready to sell when I'm ready to buy. My i...
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I thought I’d give a try at being an out of state investor.I purchased two duplexes in Davenport, Ia this year, One in January and one in April. Both of these properties are STILL vacant. I’m on my second property ma...
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Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
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I just wanted to thank the many awesome members of BP, and share a success story that may brighten some of your days. As some of you know I was interviewed by Rod Khlief multifamily podcast on episode #221 just a few ...
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Hello all,Just trying to wrap my head around what people are comfortable with as far as a good rate of return?If I'm putting down I've seen these numbers all over the place for residential real estate where people say...
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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
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I have okay grades in college. A 3.2 GPA which isn't bad for my first semester. I was thinking about dropping out though and pursuing real estate investing. Should I? If I don't drop out, besides real estate, what maj...
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So if you don't follow me then you probably don't know how I get numbers like these. To be short, I am able to do it because I do all of the renovation myself. I'm writing this tonight to show people it can be done. T...
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On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...