Hello all newbie here starting in the real estate game. My partner and I just recently sold a property we flipped and now we are closing on our first multifamily home in Sacramento, ca in the next week or so. Looking ...
Hi Everyone,I am currently looking at a deal for a 14 unit complex that has a seller financed note and the current owner is offering an additional seller finance to close the deal. He is asking for 6% interest on his ...
Good morning! I'm looking to bounce the numbers off the members on a deal I am close to having under contract in the northwest suburbs of Chicago. "A" location with a "C" property ( in it's current condition). These a...
So, I'm 20 years old and I live in Portland. I'm very intrigued by storage units and would really like to invest in them at some point. Especially since so many people are moving to Portland each year. But I feel like...
Hi all,
Buying my first multi family, a fourplex in the Southside of Chicago. This is a turnkey property that will be completely renovated with brand new finishings and will be managed by the same company. It...
Hi Friends!What do you use for bookkeeping, accounting and filing taxes, as you start up? Of course, as you grow, you need a CPA, but for the first 12 months as you start out, what do you use? Do you use an online pro...
Hey all - I'm looking at multi-families in Chicago for my first deal and went to view this 4 unit on Saturday: https://www.redfin.com/IL/Chicago/3500-W-Cullom-Av...All units are 2 bedrooms and current gross rent is $4...
Hi BP Gurus / Seniors,
I am new to the REI and placed an offer for my first multi-unit property.
Here are the details.
Area: Near by Shabbona Park, Dunning
Number of Units: Legal 3
Built: 1950
Price: $455,000 ($...
My tenants who moved out last month left the place in rough condition. I'm just now finishing up getting the unit back to rentable condition. I wanted to send them a certified letter to their new home ,job and email...
I'm a remote multi-family investor. Currently, I have two properties in St Louis, MO. I'm looking for another city for my next investment, currently researching Columbus. I understand that it has:- strong, diverse eco...