Fed Finjap
Operating Expenses to account for in Chicago market
Hi BP forums,I'm currently doing research to figure out what a buy and hold on a small multifamily property (2-4 units) under $800k would look like in the Chicago market. For context, I'm only at the very beginning of...
Peter Stellato
New Member from New York
Hey everyone,Just wanted to introduce myself to the BP community.I have not yet begun my REI journey yet but I have known this was on my path since I was in college. I intend to invest in buy & hold rental multi-...
Guy Azta
Cincinnati - is rent rising and why?
Hi BP,So I've owned a 12-unit in Cincinnati (Evanston) for a little over 2 years. Most units are studios (efficiencies). I'm out of state. It seems as if the rent has been going up. I remember when buying the building...
Kyler J Sloan
Drywall a red flag for Smokey Mountain Rental
I have heard from a few people to stay away from short term rentals in the Gatlinburg area which have drywall walls and ceilings. If the rest of the house is themed correctly, why not simply install wood siding/paneli...
Justin Melton
Getting longer stays
My wife and I have owned an Airbnb since early March and are doing pretty well so far. We are in a small Midwest college town (MAC school) of about 60k people. We pay about $1700 for mortgage, insurance, utilities ec...
Collin Hays
A refresher on what to look for when buying in the Smokies
It's been a while since I posted on this, and I get a lot of questions on it, so here goes:
1. Location matters. Gatlinburg is ground zero. You will pay a premium to be there, but it will probably pay off in the l...
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property. Utilizing empty lot space in this way helps to combat the increasing housing prices and lim...
Carlo Marroni
Buy&Hold Montreal, Quebec
Hi Everyone,My name is Carlo I am 23 years old and live in Montreal, Canada. I joined BP about a week ago because I am looking to become a real estate investor and use the buy&hold strategy to build a passive inco...
James Capovilla
New Zealand Real Estate Investors
Hello!Is there any Kiwi's that have been doing REI for quite awhile now and know the market relatively well?I'm looking to purchase buy to lets with great cash flow and am looking for opinions on certain regions.Any a...
Sonny Pemberton
Wrong funding for the right project?
Greetings,
(sorry in advance for the long read)
I have been browsing the forums, blogs, and member links for days trying to get a consensus on the best approach to take on my current situation. Any advice would be ...