Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
Hello all! I am currently in the starting process of trying to get into the game. I am a newly wed and I have just transition into my profession as a school teacher. I am currently renting, not in position to buy t...
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
Hello everyone at BP!So I was just about to get a 4 unit C/D class property in a C class area on contract, and then suddenly thought to potentially back out of the deal. A lot of work is needed and the property is ove...
My rental unit got hit with a 33% tax hike this year. Looking through the county neighborhood data I noticed my property had the highest hike, about 7 others at about 24% +/-. The rest come in at 8-12% and even 2 @5%...
https://www.kold.com/2022/05/1...I applaud her. She's using her money to help others. What I don't agree with is her insinuation that every Landlord charging market rate is creating homelessness. The market drives pri...
I would like to buy my first house and rent by the room, living in one of those rooms. I was preapproved in Nov for approximately 400k and this was for a VA loan. My salary is 100k, I have 60k cash, and I'm single.
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What is everyone's consensus on paying off rental properties vs leveraging to aquire more? I understand from an appreciation standpoint it definitely makes more sense to be leveraged, I also understand that my return ...
Total Realestate noob here. I’m 27 and currently on deployment. Before leaving on deployment my wife and I sold our house and she moved in with my parents. We currently have no debt and are trying to figure out what t...
The goal of pulling out all of the money is a little unrealistic right away, puts a lot of pressure on you and your team. This is especially the case when you are trying to do volume and want to build a big portfolio ...