John Johnson
Multifamily Operating Costs
I am starting to budget out and model some potential projects for MF developments. Is there a rule of thumb for operating expenses for MF in the los angeles area? My old AM firm always looked at 30% of EGI - after vac...
Shashank R.
Renting out rooms in own home vs living in a rental
Hey Everyone,I live and work in the San Francisco Bay Area.Houses here are expensive (relative to many other parts of the country) and require significant amounts of capital tied up in a down payment.I was looking to ...
Francisco Tejada
buying a note- slam dunk deal
I would like some feedback on an opportunity that was presented to me by a lawyer that I was interviewing to be a part of my team.
buy a 650K note at 10% interest on a multi-family mixed use building.
the owner has d...
Bo A Vanecko
SFH or New Build for first "purchase"....thoughts?
I have mentioned in a previous post that i have an investor (current consultant at company i work for in CO) in Texas interested in helping me secure my first purchase(s) in the Fort Worth are (C class homes in areas ...
Adam Berlinberg
Starting points in investing out of state for high income
Hi all, I am interested in getting started in real estate investing and pretty overwhelmed after reading a lot and doing a lot of the basics over the past 6 months. I am a physician so looking for more hands off inves...
Neil Quinn
Building new worth it? Duplex alternatives if too expensive?
I'm in the DC area, where multi-family units/duplexes/etc are basically non-existent, or command insane prices.
If you were going to consider building instead, here are some questions:1. Would it be silly to consider...
Steve Mcdonald
Builtin Coin laundry machine vs coin timer connected to machine
Hi All,I am deciding on washing machine with built in coin box or washing machine connected to coin timers.My concern was if the coinbox attached if the timer get over before the machine completes or if tenants put ex...
Samuel Gates
Should I buy my grandparents house and put multifamily units?
Hello, I have a question about a business decision. My family wants to sell my grandparents home in Los Angeles it will be split between all the kids (grandchildren if the parent is no longer living). They are liking ...
Steve Cook
Property Management - Repair Mark-ups?
Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
Justin Rush
Looking For ALL Assistance
Hello BP Community,
Long story short, I am 30 years old, and live in Enumclaw,
Washington. I spent ~ 6 years years in the Marines, another 6 with Amazon. I've stocked piled my money over the
past three years and...