I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...
I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question.. As investors from across the country, what do you consider to be a good cap rate? Bei...
I am looking at an 18 unit complex. It consists of two buildings that each have 9 units in them. The buildings have an upper level with units and a lower level with units. There are 12 units that consist of 1 bed/1 ba...
I’m 32 years old, and a full time teacher. My wife and I own two investment properties with $224k in equity that are currently cash flowing $800/mth after all expenses and after accounting for vacancy/maint/capex. Our...
Hey BP community! My name is Aymen and I am super excited to be a part of this community and look forward to learning and growing with everyone! Thank you in advance for taking the time to read my post! My goal with t...
Hello All,I was curious if there are target metrics specifically in respect to the following from the [perspective of Risk/Target profile of deal:1. Purchase price per unit: is there a target range for this price per ...
Apologies if cross posting isn't allowed, I looked around and didn't see any rules against it.Im ready to make the plunge!
First post, apologies if I ramble...
Just
came home after a year in the middle east trying...
Hello friends,So I took a chance and mailed out 2(yes, only 2) letters to two different apartment complex owners. I had some free time and used the google machine to find their home addresses. Three days after maili...
Hello BP!So after reading Set For Life, I am finally past the $25,000 threshold and between the $50,000 - $100,000 threshold. One question I can't answer for myself and can't seem to find any real good substance is: S...
I have owned 2 duplexes for 4 years. I thought I had done my research...read guru type books. I didn't come across sites like this until a couple years ago. Neither property meets the 2% rule. They have positive cash ...