Michael Baradell
Help valuing Mobile home park
Hey guys, I would love some insight on your thoughts on value for this small mobile home park.Park currently has 10 mobile homes. All park owned. 5 are currently rented ($600), 2 don’t have power due to new septic nee...
Bruce Ray
Purchasing strategy for multiple properties sold by same owner
I remember listening to a BP pod cast and the investor talked about asking questions. I was talking to my real estate agent about a small duplex on the market. The duplex is being sold by a real estate investor and ha...
Amily Yi-Chieh Tseng
Possibility of acquiring this property or should I move on?
Good morning BP!I've been looking for a good property for my family (we have 2 toddlers) to house hack. We're located in the northern Chicago/ Jefferson Park area. There's this one near us that we like but it's been...
Johnny Nuchols
New from Charleston area of South Carolina!
My name is Johnny Nuchols. I have been reading forms for a little while from BP on and off and realized that I have not introduced myself. I just recently move back to the Charleston area from California with my wi...
Philip K.
How to get from the 1st property to the 2nd property
Hello all,I am looking for advice and feedback for the best way to get to my second property.Current situation:My business partner and I purchased a triplex in the Spring of 2012. Purchase price was $84,000 and we pu...
Chris Barnes
Multi-family Beginner Questions
Hey Everyone, I am a beginner investor based out of Raleigh-Durham, NC looking to get into multi-family property investing. I plan to start with small multi-family units, and have looked at a couple deals in my area. ...
Tim Kelly
Rehab Loan on 4-plex with 3 Occupied Units!
Greetings BP,I am under contract with an owner-occupied 4-plex in which I am using a VA rehab loan. I only focus on medium and large multi-family properties for my business; however, I'd rather house hack then remain...
Kevin G.
House hacking in San Diego, CA.
27M Married, wife’s 26, with a 1.5 year old baby. Currently renting in the Bay Area at $2750/mo. After electric, garbage, and everything else just the house rental is around $3200/mo (not including general expenses) a...
Carleton C.
Disagreement with property manager
Last year, I hired a property manager as I was getting married, finishing grad school, and starting a new job (had self managed before that). Things went okay for the most part, besides some accounting errors on their...
Ashley Garner
Is 14% IRR good or not?
I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...