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Hello BP members, We are looking at an 8 unit MFU for an asking prince of $419,000. A price per unit of $52,375 with a projected 7.47% Cap Rate in 2015 or projected 11.16% @ 100% occupancy. Right now 7/8 units are ren...
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I am currently under contract to purchase my first duplex. I am looking to start investing slowly and hope to acquire and fix up a few rental properties in the next couple of years. I would like to keep my personal f...
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I have a tenant that moved in June 15, 2016, and I would like to increase his rent as of July 1, 2017The CPI starting July 1, 2016 was 2%But the new Oakland CPI comes out in July 1, 2017.So 1) Can I increase his rent ...
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Hi All,
I wanted to share my first flip story(I will try and keep it short) A success all in all and an even better learning experience.
I took a hiatus from the site while doing my flip just because I didn’t want ...
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New to Real estate investing haven't made any deals yet just doing alot of reading and trying to learn everything I can.
I have been thinking about Investing in Apartment Complexes but would like to know the right w...
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So I am finding my first problem. The fear of finding a deal and not being able to finance it. A lot of deals require a EMD. No problem. However, if you get that deal and put the EMD in, now it's on you to find the r...
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I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...
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Hey everyone, I have a question. After years of learning I'm ready to start taking action wholesaling. I thought my first step should be to find an attorney willing to do assignments and simultaneous closes and also g...
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After getting the hang of analyzing 2-4 family properties, I'm starting to look at some vacation properties as well. What are some of the added expenses you deal on a vacation rental? Off the top of my head I'm think...
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I have not yet been able to get a definitive answer as to what states require a Commercial Broker to carry a broker license to get funding private or hard money for non owner occupied real estate investment properties...