Joseph Davis
Multi family with poor records
I’ve located the perfect add value potential multi family (6) units off market. The problem is the seller has poor financial records. Not enough data to value the property appropriately. How should I proceed ? It’s th...
Matthew Brown
Set aside my ego or...
Good day BP Nation. First and foremost, thank you for all your contributions to the community. You have all been so helpful thus far. I am currently at a bit of a cross roads. I think I know the answer but I could use...
Kevin Chan
NEWBIE QUESTION: Out of State MFR? Which Market? How to Manage?
Hi BP,
This is my first post and I'm looking forward to building a connection to the BP community. I'm new investing in MFR and RE in general. I live in the greater Seattle area and work full time in the software ind...
Brandon E
Help with Exit Strategy
Hello BP,
Up for consideration is the following:
A SFH priced at $28,000. It is 1200SqFt, 3 BR 1BA that an investor purchased a year ago for $17,000; He/she has done a good amount of work (drywall on one level, fram...
Sue T.
Why invest in commercial real estate?
Hi,
I am a new investor trying to figure out if I should focus on investing in apartment properties or commercial real estate (retail prop., strip centers,etc).
Suppose you can make a true 14% cap rate (includes 50% m...
Ming O.
Separating water line on a duplex?
We are closing on a legal duplex where we will be living in the main house and renting out the back house. The back house has separate gas and electric lines, but we're debating on adding a water line. The cost will b...
Vlad Vdov
**Minimum Down** Deal Analysis
Here is the Deal!Owner going into foreclosure pay off amount is $43,146.75 on the property (including escrow taxes, back payments, insurance, fees, etc.). This is the pay off amount according to the lender. Her goal i...
Austin Hough
Help me analyze this deal
Im the investor thats been reading books, listening to podcasts and constantly searching for deals but has yet to pull the trigger over the last two years. Finances are finally in order and Im ready to make my first p...
Yiwei Cheng
Why are you investing in STR as a new investor in real estate?
I would love to hear what made you get started in STR? What are you hoping to achieve by investing in STR? What does having a STR give you that other strategies do not?
Nehru Raju
Negative Cash flow on Second property
Hi,I recently purchased my first rental property in VA and it generates positive cash flow around 250 after all expenses, insurances etc.I am trying to purchase another property(Condo) in Franklin Park, NJ. With HOA a...