Robert Howard
Analyze my multi- family deal
Hey I'm currently in South Georgia. I have been looking at this duplex that has come up for sale. The agent listed that the rents are $425/$400; which I believe are below market, but I ran my analysis with those. C...
Brittany Ursini
Feedback Needed on Multifamily Investment
I am currently analyzing the purchase of a duplex for a buy and hold. It was listed at 289,000 and they accepted our offer at 281,000. There are two long term tenants in place (for the past 25 years). Current rent is ...
Darrin Carey
2% rule --- Not even close at the high end
Being BiggerPockets, we've all heard about the 2% rule. And we've seen several animated discussions about the rule driving people to lower income areas, and cheaper houses. Take a look at the other end of the spectrum...
Seth Alexanderowicz
Just put a offer in on a muiltifamily property. Tips and sugges?
Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...
Jonathan Schweinefuss
New investor in Northern Virginia
Hi BP community! My name is Jonathan, I've just graduated college and my goal is to save up enough money over the next year to buy my first rental property. I am looking to invest in small multi-family (2-4 units) in ...
Russell T.
Best place to invest in STR with year round cashflow in Colorado
Looking for places in Colorado (prefer SFH) for $500k or less that can cashflow year round. Any locations I should consider? So far have been considering Alma/FairPlay area just south of Breckenridge but curious as ...
Account Closed
Under contract for a 20 unit
Ok so somehow I miraculously got a 20 unit under contract. I already have a small commercial residential I bought two years ago and I’m trying to make sure my DD period I get everything covered. I have an inspector ...
Tim Y.
Struggling with strategy - rural area
Like a lot of newbies, I suppose, I'm struggling with choosing my strategy. Ideally, my model would be 3bed, 2 bath SFRs that could rent for $1K a month or more and that I could purchase/fix-up for $75K or so. But I h...
Matthew Purvis
Maine Commercial lease agreement
Hello all,I purchased a commercial property back in November 2021. The lease is about to expire. Does anyone have a legal commercial lease for a market/deli or know a good place to get one? They do sell beer to go but...
Brock Salgado
First Flip Nearly Complete!
Back in October my partner @Keenan Cromshaw and I closed on our first flip property in Spanaway, WA. We purchased this 1978 manufactured home (2/2, 1,389 SF) for $200,000, planned a rehab budget of $80,000 with an ARV...