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I invest in Joliet IL which is a somewhat low income area of older homes. I bought this house for 40K, put 20K into it and brought it up to our standards for a rental. We have a new tenant moving in within a week. The...
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Hi, I am not the best at thinking outside the box and from listening to the podcast I can tell that sometimes you have to think on your feet to make a deal work. I was wondering if you could post some unique and creat...
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We're trying to find our first deal and stumbled into a little bit bigger one than we anticipated. We got a deal for 300k on 2 acres. 15 units, 3 duplexes and 3 empty units. They're low to middle income and the gross ...
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If you had $1M in equity, what would be your strategy to invest in multi-family assets?
- Fixer-uppers?
- Cash flowing?
- Leverage an asset as high as it will go?
And why?
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A small apartment for sale in the most desirable area of town. Sales Price 750000.00. New apartments are being built in the area going for $250,000+ for 1b townhouses (bigger). The numbers do not make sense at all as ...
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Hi, I do not own any real estate yet but thinking to change that. After 2 years searching and working with realtor, I finally found 1 deal that I am thinking to buy Its a 2 family house and both units are rented. In A...
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Hello Bigger pockets community! I’m an now learning the hard way about how important it is to make sure the numbers and math behind a deal need to make sense in order to do a deal unfortunately.I bought my home to liv...
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Hi everyone,I just bought my 1st property in Springfield, MOa little bit about the house: it's a 1100sqf house 3 bed 1 bath. bought it for 25k cash. Haven't been inside yet. now the next step is rehab the place.What i...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone. I have a question about using the calculator. I have found a property t...
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My wife and I are about to sell my house and get a good chunk of money over 400,000 any ideas on what I should do to invest in this?