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I'm thinking about a SFH or condo in the central west florida area (e.g. sarasota et al.). I don't live in the area so will use property management to rent it.
This will not be a business, more of a longer term inv...
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Let's say you have acquired a rental property and are almost done with renovations. You have a PM for your other rental properties. Do you slide the newly acquired and renovated property to your PM for them to place t...
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Hello BP forum! We are paying $500 a month for a property manager but it's been two months or more and the house is still not ready for rental.When a house/ property is vacant what is the normal negotiation for most ...
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Hello everyone at BP!So I was just about to get a 4 unit C/D class property in a C class area on contract, and then suddenly thought to potentially back out of the deal. A lot of work is needed and the property is ove...
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Hi everyone,My girlfriend and I are first time home buyers in the Rhode Island area and we are looking to owner occupy a multi family as our first home. We recently found a three unit in the city of Woonsocket that lo...
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Hi all,I was supposed to close today on a $270k new build duplex out-of-state, but it's been delayed to Tuesday. Can I get any general advice on what my options are? Can I back out? What are my costs if I back out?...
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Seeing as this is the New Construction forum and a lot of the questions are some version of “how much does it cost to build X” I thought I would share some real numbers and experience from a project we currently have ...
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Hello! My wife and I are under contract on a second home, and we plan to rent our current house out. We are excited to start this journey. We plan on managing the rental ourselves. I am curious if we should start an...
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Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
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Hey guys!!Would love to hear opinions on this topic from those with experience in multifamily investments. As I've spoken to many investors in regards to the size of multifamily one should pursue, I keep running into ...