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Seller bought this for almost $4 mil @ the height of the market a few years ago. It's annual NOI today is @ 120,285 so @ a 10 cap, I've valued it @ $1,202,850. They'd walk away but don't want to ruin their credit so t...
Hello All, We are investors in the Houston area and have just begun making our first offers. We will most likely be using a hard money lender and have a question on how that is considered when writing up the offer. Ou...
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Hello,I'm looking for a little advice on which debt I should reduce. I have $30,000 I've decided I want to put down on the principal of one of two rental properties I currently have mortgaged. I'm curious to hear whic...
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Hello BP,Over the past couple days, after listening to some AirBnb-related BP podcasts, I had some new ideas for how to start in real estate and would love to get some feedback.In short, after being a digital nomad fo...
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I am wondering how many mortgages a person is allowed. When it boils down in real estate, I know leverage is key especially with rental properties. But I have heard that banks will only lend a certain number of mortga...
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Howdy Houston REI's,I thought I will hear stories from investors and landlords from the GREAT TEXAS Winter Storm but surprised didn't see much. Anyway, let me get started and share my story and lesson learned.Yes we a...
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I am new to this landlord business and will be closing on my first 5 unit apartment in Milwaukee. The realtor i used has a property management business and also a real estate investor. His property management company ...
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Hi, just wanted to find out if anyone pays someone else to put up bandit signs and how much you pay. Thanks.
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I've been investing in jersey city for past few years and have been thinking about asbury park for my next investment. I personally really like the area and think I will continue to see it grow. What type of tenants d...
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Hello BP Community! My name is Rob Shedden and I live in Rockford, IL. My wife and I have recently decided to get into investing in real estate. And what a crazy, short journey it has already been...I am a project man...