Terry Wood
Multifamily / Apartment Investors - Start small or Big?
Hello BP and Apartment aficionados,I have heard many seasoned investors say start small and grow bigger. I have also heard them say in retrospect they wish they had started from the beginning or at least sooner with 5...
Carlos Gonzalez
Looking for apartment owners in Phoenix
I want to ask questions to apartment owners in the Phoenix area or proximities. I want to know what I don't know about how you find apartments for sale, either be owner financing or creative financing. I want to lear...
Account Closed
I just bought my first apartment building(8 units) very cheap.
I just picked an 8 units aparment building for only 25k in cleveland. It needs quite some work but not too bad for me since I got a good reliable guy who will only charge me 5k to get it all rent ready. Any other comp...
Jonathan Makovsky
Closed: 16 Unit Buy-and-[probably]-Hold
@George Paiva and I closed on a different asset class than our single family flips. We purchased a 16 unit in New Britain, Connecticut.We purchased it for $505K (~$31.5K/unit) and average rents are $675. Top line numb...
Will Sifert
How to answer when someone receives your letter and calls you for the first time?
I have a few campaigns lined up, probate, tax sales, houses that looked neglected etc... that I am going to send each owner a letter inquiring about their property and if they would be interested in selling.
Here i...
Brie Schmidt
Paying rent with Cash - Simplifying processes
Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
Luke Grogan
Would you take a 6 CAP triple net or 6 CAP MF?
If you were looking for "safe" cashflow and ROI, would you look at a triple net lease with a nationwide brand as the tenant in a stand alone property? Fifteen year lease with annual rent increases and lease backed by ...
Chris Cozzens
Northern Jersey - Beginner Investor
Hey All,I am starting out as an investor up here in northern new jersey. I am looking to invest in a 2-3 family home and occupy one of the units. My father will also be cosigning as well. My budget is right around ...
Sean Cohen
Help deciding on an investment area
Hello BP ! My name is Sean and I'm a 21 y/o noobie investor from Israel. First of I wanted to thank this amazing site that helps me enrich my knowledge on a daily basis. My main goal is to become a buy & hold in...
Jason K.
Purchased SFH cash w/ tenants that want to stay:)
Purchased a 3bed/1.5bath SFH and the renters want to stay! Purchase was $637,500 plus closing of $20k. They are on a month to month lease and have been tenants since 2008. The rent is $2020/month. Fantastic automatic ...