I've recently got a free opportunity from a family member to put a huge amount of money down on a property for me as long as my sister lives with me and we can pay for the mortgage together. I've decided to take this ...
I have seen several listings on here as well as CL. Do the guys that build up a portfolio and then sell the package make good money? I imagine you are trading (hopefully positive) cash flow for a lump sum pay out. I w...
Hi Guys,Am Casynella Cyrus, A mom, Wife and recent DC Public School Teacher who left her job behind in June, 2017 to focus fully on my short term Housing Rentals. My husband and I currently own a lovely home in What's...
Hello everyone, I searched first but couldn't find any recent info. I recently completed a hybrid house hack-BRRRR-ADU build combo which I'm extremely stoked to say worked out almost completely to plan. I used a lot...
Sale price: $225,000 NOI: $14,400-$18,000Possible Rents: $1900-$2200/month (total for both)Rehab Costs: $15,000 (this would get the $2200/month rents I believe)Estimated Expenses: $700/month (includes cap ex, vacancy,...
Hello BP,A 22 unit complex came one sale by the owners. It is in what I would say a C neighborhood. School district is absolutely terrible (rated a 1 on Zillow). I would not touch single families here, but I feel wit...
I have a 120k HELOC and am looking to buy my first investment property. My goal is to acquire several multi-family properties over the next few years. I’m trying to figure out the best strategy. Does it make more sens...
Hello BP Community,I've learned over time and through BP that working with a partner may be the best way to begin my portfolio. The reality for me is that I have little capital to start and it hasn't helped watching a...
I have learned a ton on this website, including the 50% rule regarding expenses (not including P&I). Look at gross rents (for example, $1,000 a month), and expect $500 in operating expenses. Now my question is, d...
Hey everyone!
I was presented a deal for a triplex in Alabama, close to Alabama state. I live in Southern California so you can see the dilemma already.
The property is 100% occupied with two units renting at $600 and...