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Hello,I just recently bought a 4 bedroom house in Phoenix. I am 24 years old and have 3 roommates renting out the other rooms. I currently have about 26k in liquid cash I am saving up to eventually get my 2nd property...
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New to the forum here and thought I would put my situation out for critical feedback to the population. I have a question about how to handle a current rental property I own in Denver. I am trying to decide one of two...
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Hey BiggerPockets. Looking for feedback on a rental in Utica, NY I'm considering.. Here is a link to the BP analysis that I ran. Below are a few notes:
The house is a 2 family with each unit having 4 beds with 2 b...
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What’s going on BP! I have a question for my fellow investors.Do you live by the 1% rule when investing in Multifamilies? I’m asking this question because we know the 1% rule is for a GREAT DEAL! But what makes a GOOD...
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I’m looking to buy a multi family (2-4 units) that has been on the market for a significant period of time. I understand that this property type will be distressed, so I was hoping to get advice on what the red flags ...
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I’m looking to buy a new house for my family, the current house we are in just doesn’t work anymore( location big factor so changes can’t be made). The problem I have is I have such a great rate 2.625 on my current ho...
Preapproved for $500k looking to buy 1st house hack duplex in Austin TX or neighboring areas. When I run the math it’s always a huge negative cash flow… and I don’t have many options within my budget for places in nic...
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Hey friends - My partner and I have identified our 'mission statement' for the type of rental property we're looking to invest in. Cashflow focused, residential 2-4 unit property and are now narrowing down the target ...
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Something to keep in mind and I've seen this happen numerous times starting late last year, both from personal investment side and agent side: appraisers are being very tough on their appraisals. They're not giving an...
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Hello everyone! I am a new member to the community, currently located out of Southern CA. I have a duplex in Southern CA I currently own/live in, and have purchased one vacation rental that is working out well, but am...