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Looking at buying an AS-IS out of state 10 unit apartment complex, listed at 80k (tax value) cash only, I know we can it get for 65. It's a disaster and from our inspection, estimate it needs 60K to rehab. We know and...
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Awesome forum, lots of usefull resources, opinions and great advices. I am from Los Angeles, Cali, at the moment not looking to invest in a 500k dump here in LA, but looking to invest out of state, either in Upstate N...
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Where do you find deals? For the most part the MLS and internet don't have much more than full retail and I haven't heard of much through networking.
Also, how do the big investors deal with the issue of down paymen...
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Ok so here is the deal I am working on. 5.75 % interest rate on an apartment complex that is currently 90% occupied and has a great manager and maintenance staff. He wants me to put down $300,000 and take over his p...
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I'm still new so bear with me, if I'm looking to net $350k from a buy and hold portfolio assuming my doors are netting $200/month does that mean I need roughly 146 doors? that seems like a large portfolio. Am I miss...
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Hi all,Offer was just accepted on my first deal and I am getting cold feet. Can you wise folks double-check me, please? Here are the details:8 unit complex. All 1 Bed/1BR units each renting for $400. Comparable re...
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Someone is telling me that alaska is a bad place to invest and that they're getting 200%-500% ROI stateside. I don't understand how that would work? Is anyone getting these number over there and how so?
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My Gf and I just landed our first multi unit property under contract yesterday! It's a fourplex that brings in $3035. We made a deal at $307,500 for the property. Were going to use the VA loan benefit that we have to ...
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Hello BP Community. I am a soon to be invested located in Southern California. I plan to invest in Indianapolis and Kansas City market places. Mostly interested in turn-key rental properties and hope to build a por...
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Hey everyone. I recently purchased a duplex in Sherman Tx. I inherited tenants on one of the sides. First question. Does the existing lease transfer with new ownership? I have a copy of the current lease, but am ...