Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...
Hi everyone - moving into my first multi family here (duplex) in about 3 weeks. I will be living in the upper unit and renting the other one until I move out and rent the upper one as well. There is no in unit laundr...
Hi BiggerPockets!View report
I’ve decided to do a calc review in hopes to remedy some of the “analysis paralysis” I’m experiencing. There’s so many input parameters to analyzing a deal, it can be paralyzing. Especi...
So the Mrs wants to do Dave Ramsey’s Financial Peace University. It’s what our friends do who have done well with savings and whatnot. I explained to her Dave’s take on debt related REI however I told her I would stil...
Does anyone buy seller-financed multifamily properties with private or hard money down?
I dont want to blow my wad(150k+), in fact prefer to use opm if I can to purchase as many rentals as possible. How would...
I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.
im confused about something. ok, lets say you do a subject to on a pre foreclosure...
I am looking at pulling the trigger on my first home purchase this week. Possibly as early as tomorrow. Just waiting on confirmation of a few more things. The details are as follows.4 unit 8 bed 5 bath total new co...
I am new to the rental business and need some advice. I have been a long time lurker, but have never posted. I have learned much from the members here and respect your opinions.
I have some renters who are ...
Foreclosure bought at on site auction for 147K. 73 day rehab (husband as project manager, also our GC and his team, HVAC guys, floor guy). Financed with purchase and rehab loan by private (crowdsourced) money lender a...
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...