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Hello All,I need honest experienced opinions.I located a property in Cincinnati Ohio, placed it under contract last week. I am not located in Cincinnati Ohio; This will be my first out of state investment property. ...
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I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
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Hi, BP Nation! My name is Tyler McEwen and I am located in Johnson City, TN. I am 28 years old, a father, husband, mechanic, welder, and a farmer. I have a great W2 job with a wonderful schedule, but like everyone el...
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I am looking to purchase my first multifamily, and 8-unit building built in 1920. This is in Massachusetts.I asked about lead paint, and the response was that the unit was rehabbed in the 1980s and the seller thinks h...
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Hi All!
My husband and I just looked at two duplexes. We can buy them individually or as a package. Here are my calculations using the BP analysis tool if we buy them as a package:
Monthly Income: $2,79...
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Hi BO members,
I recently saw a multifamily house in a good neighborhood but it has asbestos on the siding. It will cost money for removal. I was just wondering if it is worth to go through this trouble of making the...
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Hello BiggerPockets members,
I live in LA and am looking locally at a growing neighborhood I'm familiar with called West Adams. I'm looking at multi-unit rental properties and trying to run numbers on them to get e...
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Hello BP! I created my account some time ago and have been in analysis paralysis for the better part of a year now. Well, I have finally crossed that invisible barrier and decided to take action by finding and purch...
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Hi BP friends. I'm currently a private money lender based here in Phoenix. I'm currently seeing a surplus of capital and reduction of rates with new competition. I'm looking for alternative options to place capita...
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Hey everyone!! I'm back with new questions!! So... I'm super excited about what my life as a real estate developer will be, but at this time I'm still taking the initial steps to get there. I am set to graduate with m...