Daniel Suarez
My First Multi-Family process (will keep updated)
Hey all, wanted to share with everyone my experience purchasing my first multi-family and maybe help some people and also get some tips on how to improve the process going forward. I currently have 8 single family pro...
Dennis Powers
why invest in a deal if there is no value add?
Hello BP, Looking for ideas or feed back!So I own 8 properties just outside of Boston, all being rented out as sober living houses. The cash flow is awesome, so good I don't mind paying market value or a little over. ...
Derek Luttrell
Neighbor to SFR insists on being involved in screening process
Hi there,I closed on my sixth buy and hold rental recently, and had my first Open House for it this past weekend. Today, I received multiple calls from the next door neighbor, and he is insisting on having a say in t...
Jamael Reed
Finding motivated sellers
Hi Everyone,OK I'll get straight to it.. I started out looking for motivated sellers by posting ads on Craigslist stating that "I buy houses".. I set up a Google Voice number to receive calls and catch voicemails. I'm...
David Slovak
New member from South Texas
Hi, my name is David Trevino and I am currently living in McAllen Tx. I am an educator and love to learn as much as I enjoy teaching. I have been reading as many Robert Kiyosaki books as I have been able to make tim...
Ryan Kuja
Six Unit in Michigan Under Contract
Hi BPers!I've been a member here for a while and actually live down the street from the man, the myth, the legend, Mr Brandon Turner himself in the wonderful albeit very strange town of Aberdeen, WA. My wife and I mov...
Daniel Tisdale
Bought a condo with an HOA that doesn't allow STRs. What do I do?
Hi everyone,I recently purchased the B unit of a two-unit condo association and it has a main house and a separate garage apartment. My plan was to cover most of the mortgage through Airbnbing out the garage apartment...
Daniel Suarez
Cap Rate Dilema in multis
I'm looking at a bunch of multi-families in different cities, and a lot of them are 4 or 5% cap rate in B areas that sell really fast. My point is, I understand that you get lower cap rate areas at A or B areas, but w...
Matt Medina
Cash Out Refinance Advice
Hello all!I bought my first property in Southern California this year in March. In my opinion I bought at a great time, interest rates were low (2.6%), and I got the house under asking (in CA, hard to come by). My fut...
David Rodick
Help with first year flipping projections
Situation: I'm strongly considering leaving my full-time teaching job ($20/hr) to flip full time. I have savings to last for several months plus enough to cover a flip gone bad if necessary while I get my feet under m...