Hello,I am reading a Multi-family millionaire book right now, I am curious if it is possible to make cash flow in San Jose by living in a multi-family unit and renting out another. It is ideal to build up an asset as ...
Hi, new investor here. Like many new investors, the current housing market has made it really difficult for me to know what is a good purchase because I don’t have a lot of tools on my belt to make something work.
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I have been reading for a while and I am ready to take the plunge, but I have several options and dont know which to chose. I have 100K in cash and own my current home with no mortgage, value about 150K. I am closin...
I'm trying to get my head around cap rates and gross rent multipliers. I have a basic understanding of both, however, I've been told that for multi-family properties, I should pay more attention to the gross rent mul...
Alright so to start I want to give you some background. I have worked as a bartender for the last 8 years of my life. Paying off all debt and saving money. Recently became a real estate agent. Closed a deal in the fir...
I got this message from my PM today:
"The resident in unit 3 has not paid his monthly rent and owes $50 for last month. I just spoke with him on the phone and he said that a couple years back someone had used his so...
Over the past 20 years, I have developed a strategic approach to investing in the higher end of low-income neighborhoods. This approach aims to maximize value while minimizing the risks involved. To achieve this, I fo...
Hi! I am planning on doing cash out refis on 2 properties I own in Cleveland. Both were purchased around 5 years ago for cash & have both cash flowed & appreciated more I had anticipated. My estimated cash flo...
Hi BP Community,I am in the market to purchase a few SFRs in the Atlanta area and am looking for some advice on where to invest. I sold my SFR in Alpharetta in March and have gravitated towards Forsyth County, but du...
Im currently looking to buy another rental property in New Hampshire. Unfortunately I cant get a loan through a bank because I haven't had my 2 family long enough to be able to add my rent to my income. Like a lot of ...