So in my first year of investing, I've bought 8 properties from condos to sfh, to multifamilies. All are rentals. 7 are in my personal name and the eighth property is under my solely owned LLCI am literally leading my...
Hello everyone,My friend and I want to invest in deals together out of state. We will be living in Texas but want to invest in Michigan, the Metropolitan are specifically. I was wondering what the best way would be to...
I'm a first time buyer looking to get into house hacking. Me and my soon to be fiance will be double income-no kids for a few years and are looking to maximize the opportunities that come with that. Her dad has been h...
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...
Hello!We're trying to purchase our second rental property. It is two homes on one piece of land and sold "as-is", which we understood to mean the seller would make no repairs. It appeared to be in good condition but w...
Hello fellow BPers! So I just successfully negotiated a purchase price on my first deal! I gave it a pretty slim shot on getting this deal, but I woke up this morning to an email from the seller's agent agreeing to my...
I am analyzing a potential deal in a B neighborhood. It is a 30-year old four-plex with the asking price of $415,000, NOI of $29,000, putting the property at 6.99% cap rate, cash on cash return is around 10%. There is...
I haven't found a clear answer on this.
A prospective tenant meets you at the property for a showing. They have already passed your phone screening. Upon arrival, they look like FREAKS.
Do you still show them the p...
Wondering what the appropriate questions are to ask before making an offer on a Multifamily? I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyon...
Hi all. I'm a relatively new landlord and I need your help.My tenants (a couple) moved into my condo in MA a month and a half ago. They just told me they wanted pest control for bedbugs in the unit because one of them...