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I am closing on a property I just bought in 2 weeks. It is a old SF that was converted into a dumpy duplex and I will turn it back into a single. I believe that is where the money is in this area. Its was REO and I p...
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Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...
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I began Investing in Real Estate in 2002 when I was in college even earned a degree in Real Estate but stopped in 2006 to focus on my career as a Financial Planner. I said I was going to get back in for 5-6 years but...
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How realistic is the idea of a new investor partnering with a private money partner (debt investor) in order to gut rehab a 6 unit multifamily and get it occupied at 100% again and hold it for 5 yrs? I have read books...
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I'm looking at an off market 40 unit. It was purchased by an investor at trustee sale and nothing has been done since. Its empty at the moment.
40 units - 1 and 2 bedroom
$400 average rent = $16k gross potential
Fact...
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hello everyone!Currently we have a second house that we use as a rental, purchased 6 years ago for $365K, we currently owe $240K and comps for similar size house for sale are in the area range around $550K in San Dieg...
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First deal is in the books! Let's go!Background:In just a little less than 3 months, I was so fortunate to have been able to purchase my first rental property. Years ago, I had read Gary Keller's Millionaire Real Esta...
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How does a real estate fund or syndication work? looking to chat and gather information
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I am looking to get into some JV deals and wanted to know how most people split their profits? I will likely fill the role of a private lender and provide the $$$ because I am overseas. The other person will do the ...
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Hi my name is Brett. I currently own a home that I live in with my family of 3, we have about $80k in equity and our mortgage rate is fixed at 2.62%. I have about $20k I could put into a deal myself of my own money. W...