I close June 20th, it is a buy and hold and my first deal. It's a 3 bd, 2.5 bath, 1600 sq ft, 2 car garage with a shed, jacuzzi, built in 1989 and has nice backyard covered porch. It's in a high demand rental area ...
Hi all,I've just recently begun my journey to find my first rental property, and am considering newer (10 yrs old or less), mostly-rent-ready duplexes in good neighborhoods. I have a couple of general newbie question...
BP Communitywe have an opportunity to buy several non performing notes on tenant occupied properties where we buy and hold in New Jersey. we have an agreement to get title in leu if deal is agreed The notes are non pe...
In podcasts and FB posts, I hear people talking about adding value that justifies rent increases in newly acquired properties. In some cases, adjusting to market price where rents have been kept low by the previous ow...
Let's say I'm looking at a deal today and want to embed my loan assumptions into the deal. Then I want to look at what a refi could look at various points of time in the future. For example, if I think rates will drop...
For a starters like me, should I go for a coop (cheapest here in NYC) or should I save more for Condos or even a single family house? Thanks for helping newbies like me!
Hello all, I'm new to BP and new to the real estate world.I purchased my first property about 7 years ago and it's current estimated value is about $7k less than what I purchased it for. For the last 2 years, I've be...
Hello all!
Would love to get your thoughts on this property that I'm very close to pulling the trigger on. I am new and have never owned anything so this feels pretty nerve wrecking so far.
New Potential Property
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I have the opportunity to purchase a 31 unit apartment complex for 1.6 million. CAP rate of 6.5%. Current manager not aggressive so there is opportunity for improvements. Open basement with opportunity to create tenan...
I'm having conflicted feelings on a rental property I own and would love your input. The property is in Santa Cruz, CA, where the rental demand is high. The following numbers are actual's Purchase Price - $680,000 ...