What do you guys typically look for? and what ideal number?Example:cap rate @ 8%Cash on cash @ 12%cash flowdepreciationappreciation etc etc.too broad?
Hello all! I am doing a 3rd unit addition to a duplex in Minneapolis, MN. I am wondering if there are any general contractor recommendations that anyone here has worked with?I do have a couple companies already planni...
Hi BP community!I've been lurking for a while and wanted to introduce myself. I currently live and have a 3 doors in CA but am looking to branch out due to the inability to cash flow anymore. I narrowed my search down...
I see dozens of these posts every day. Someone wants to get started and they are asking for mentors. Who is telling you to do that? Did you read it in a book? Was it a YouTube video? A post you read on BiggerPockets?I...
My partner and I are eager to purchase our first multifamily rental property. We created an LLC and are currently exploring potential lenders. However, we are facing a dilemma regarding the financing options. On paper...
Hey BP forums!I am under contract on my first home. Super pumped about this deal!!! It is a fully occupied duplex in Puyallup WA. Both units are in great shape and severely under market rents. I need to owner occupy, ...
I am just get started and will soon be purchasing a new primary residence and renting out our current residence. This appears to be a smooth transition into the rental property world. I have read multiple books and li...
We have tenants who haven't paid rent this month (it's now the 10th). We just took over property management duties of all our own properties at the very beginning of the month, which was a surprise to everyone when th...
I need to transfer a property of mine back to an LLC (I had to transfer to myself for a refinance) and want to do this without hiring a lawyer. I figure I can just write up the deed myself using the same language that...
Hello, I am in the process of purchasing my first home. I live in the Phx area, (City of Maricopa). After I close I am looking at purchasing my next investment to start this process of passive income. Im looking for s...