Adam Craig
Looking to make first offer on an apartment - check my numbers?
After 7 years of the single family rental/flipping business I am finally ready to get my feet wet with a small apartment building. I have lots of single family experience but I am hoping for some guidance on my first ...
Glenn P.
Insurance on a 6 plex - 5K?
HiI own several multi family buildings in Central / North Florida and for example on an older duplex I pay $700 a year for insurance, which I feel is a good deal. I am under contract for a 6 plex (built in the 1920's...
Engelo Rumora
Is It Possible To Find "B Class" Properties For Under $100,000?
Yes, it is. There are still markets in the United States that allow either the beginner investor, or the seasoned expert to invest at low price points in B class neighborhoods.As real estate prices have generally reco...
Marie-therese Tai
I just paid off my mortgage and I'm not sorry I did it
I will start by saying that I know that this is an unpopular position to take. I had been holding on to this money for a couple of years hoping to get a multifamily , but the prices in NYC are just crazy right now, I ...
Daniel Wolz
House showings and Tenant applications
Hi BP!I have finally finished fixing up a rental and have listed it for rent. I have received much interest, and decided to just have an open house for a few hours to show the place to prospective tenants and collect ...
Account Closed
Success operating ONLY as a Listing Agent?
Hello Team BP! I've completed my Sales Agent courses and am set to test for my Texas License in the next 30-45 days. Since I'm still dependent on my W-2 income, I'd like to start Part Time as a Listing Agent, meeting ...
Jake Keating
First post - finance/tax questions about some Seattle-area land
Hey everyone, first post here. Based in Los Angeles but looking to possibly invest in Seattle and surrounding area since my wife and I have family up there and may make the move years down the road. Been listening to ...
Jim Jackson
Refi prob- have equity but no cash-flow
I got into a bad deal a number of years ago that put me in a whole, and also zapped my cash flow. I have a "regular" job, so I licked my wounds & let these 3 properties gain equity- it was literally money in = mo...
Jonny Morris
What to offer on a triplex...
Evening all, I am getting lost in NOI and Cap rates. What is the formula or points of reference to calculate investing in a multi-family? Can I work backwards from a projected rent? Lets say each door rented for $700....
Charles E Bernard Jr
Roth IRA to fund a Turnkey property
I am 68 years old. My Roth IRA was opened five years ago in August 2019. I have been contributing regularly to it. Is there any reason I can’t take the whole amount out of the Roth IRA to purchase my first turnkey pro...