Hello to everyone, This is my first post on BP after being a long time on looker from the sidelines. My name is Raffaello and ive been trying to analyze a lot of deals to sharpen myproperty analyzing skills. I came ar...
Hi all!I am a new RE investor in Cleveland, Oh and just purchased a duplex that is fully occupied. On April 24th, I issued the month-to-month tenant a 30 day notice to vacate by May 31st, 2020 (I need to move into the...
Let's see if I can keep this short and sweet. I just closed on a 7-unit building in Chicago for a very good price. My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system...
Hi all,I’m a new real estate investor with an architecture background and development experience. I’ve been researching and talking to property management and realtors in Cleveland. Even made a few offers but someth...
Hi all! New to REI here, so any input or feedback is very appreciated! I currently have a 3.75% 30 fixed mortgage on my primary home, and looking to dive into my first investment property. I'm looking into multifamily...
Hi Everyone,
My business partner and I are looking to expand our portfolio into the Atlanta market and are in the process of conducting some early research on the city.
We are specifically interested in getting some...
Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...
I found a foreclosure nearby I am interested in making an offer for. I was wondering with other peoples experiences of what a good offer to be accepted could be? The property is listed for $130000 currently, with one...
This is me thinking out loud :roll: but up to this point I have considered the implications of risk in a rehab project as either and increase in cost and/or a delay in schedule.
In order to account for risk I add a...
I am renting my newly purchased sfh and really need your advise on picking the tenant. Both is ready to move in this Saturday oct 1.
Applicant #1: the couple with 2 kids and a dog. Combined income is 2x monthly rent. ...