Kam Su
Operating Expenses for a 30 unit multifamily
I am currently looking into a 30 unit multifamily complex for investment. This is a rundown complex which needs rehab. The target rental price is approximately $500 per month with electricity,water included. What is a...
Bob Oliver
BP Newbee from the Colonial Capital
Hello to the BP Community. I am a newbie to the forum and very excited about and interested in what I have read, as I can see there is a lot of experience out there that I know I can benefit from. I am a REI, civil en...
Account Closed
Reaching Your Freedom Number!
Hey Biggerpockets! Just wanted to have a general chit chat about reaching your freedom number. Has anyone achieved this lofty goal? If so how did you achieve it? What was the feeling like? Also how was the up's and do...
Brett Merrill
New deal. Will little to no money work?
Hello BP community,I am new to REI and am learning the ropes. I have read many of the books, listened to the podcasts and have started my direct marketing. It has already produced many great leads and should be closin...
Onan Dumas
Fourplex Owner Financing Help
Hi BP I hope everyone is having a good day and a better week!
I am brand new to all of this and am a little overwhelmed by what the Real Estate world has to offer so I am hoping some seasoned investors are ...
Garrett Grove
Fourplex Deal Analysis
Asking Price: 259000, the most I would offer is 249,000
Downpayment required, 25% conventional: 62,250
Interest+principal, @4.5%: 946.23
Taxes, verified: 3000/yr,250/mo
Insurance, verified: 1700/yr, 142/mo
Rental Inc...
Henrik Frank
Are your rentals typically in "bad" areas?
Looking at the SoCal prices, it seems most areas are very far from being able to offer rent / price ratios that would satisfy the 2% and 50% rules. In my complex (Newport Beach), a $700K townhouse typically rents for ...
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can u help me analyze this 4 unit place in small town?
i would like some advice on how to analyze this property...i am very new to real estate investing....
a friend of mine said this is NOT a good buy simply because my money could be placed in a money market (over 5% in...
Andy DeFruscio
Investing with my Dad - Different Investing Time Lines
So my father and I currently own a couple Duplex's together and are looking to buy another investment property. We are at very different points in our lives and I am wondering if we should keep investing together. My ...
Kristin Kiddy
Flip Wars Is So Off Base
Been watching Flip Wars and boy o' boy is the fake shining through. The auction scenes just can't be real. First, where is everybody else? Here in Volusia County all the auctions are done on-line. I can't believe ...