Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...
Hello everyone!My name is Josh. My girlfriend/business partner and I are moving from San Diego, CA to a state that is more conducive to owning rental properties. We do not currently own any properties and are hoping t...
I'm considering buying my first home for rental for 89k and the ARV (at least 2 weeks ago) was between 113k-118k. It's in a C class neighborhood and current rents are approx 1k. I could pay for it in full and have e...
Hey everyone! I’m new to the BP app although I’ve been following podcasts for about a year. I own a few businesses here in NJ and have built up a pretty strong cash flow and am looking to increase my cash flow and tak...
Is an area with a lot of new development of both small and large commercial multi family projects a good or bad sign to invest in that area? I’m particularly interested in small multi family investing. On the good sid...
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 ...
I have a number of multifamily buildings that are 100+ years old and in the market where they're located I pay for the water. One three unit building is using $1,200 per quarter in water. I believe part of the issue i...
Good Evening BP!I have a property I have been looking at and I would like to see what the community thinks. The property is a C+ class in a great city with good schools, and stable job market. Rents are below market (...
Hi fellow BPers!I'm interested in a multi-family property and need fresh eyes looking at it to decide if it is a good deal or not. My only concern is cashflow is low at this point. It's a 20 unit complex. With a 120...
What do you think about buying 50k homes to start your first deal in other words getting your feet wet. I would really appreciate what you think?