I am a new real estate investor with a goal to eventually own 50 units. Curious to know what people’s thoughts are about buying an existing portfolio of (mostly) single family homes versus building my own portfolio ov...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jacksonville.
Purchase price: $72,000
Cash invested: $37,964
This is a duplex that was bought from a wholesaler. The pro...
Hey BP,I'm considering converting a unit in my quadplex to an AirBnb rental. It's a small town of 2500 people that had a gross motel in town. There's minimal to no other options for short term stay in town. I don't wa...
I’m looking to get into a Multifamily home within the next 2-3 months, unfortunately I will not be able to come up with the down payment in that time frame. Is there any other ways you guys would recommend? Are there ...
So Im a little bummed and discouraged. After calling 25 banks i found a Bank (Citizens) to do a heloc on my rental property in third position. Its a condo with a HOA. After all the paperwork, applying for the heloc, a...
I am looking at a triplex in Seattle WA that I had planned to buy as an owner occupant. It is currently listed for $820k, and gross monthly rents are roughly $4300/mo (way under market value). FHA with 3.5% down, PIT...
Investment Info:
Single-family residence buy & hold investment in Eaton.
Purchase price: $64,000
Cash invested: $21,000
This home received just about everything plus some when we (my wife and I) ...
In the market for a small apartment building. One million purchase price. Let’s say hypothetically 15 units. What does each unit need to rent for to make it a good deal? Your thoughts?
We (my wife and I) plan to invest in Q1 of 2021. Looking for a some conversations to help us better understand the REI industry.
Triplex, purchase price $160,000, monthly income $1650, great neighborhood, room to move up on rents, market going up?