Hi all, new to BP and looking forward to all the great information this site contains. I am a 1/3'rd owner of 6 rental properties worth about $2M generating approx $13,000 in monthly rents with mortgage, tax and insu...
I own rental property and am actively looking to continue to invest in multifamily. If Fidelity has been paying my wife and I about 12% AVG return, then my reasoning has been that - as an example - if I have $500,000 ...
I stumbled upon the BP Podcast episode 357 in which they discussed focusing on increasing net worth instead of cash flow when focusing on single family for buy and hold rentals. How would I determine if a property is ...
Hello,I would love some input/guidance around timing to buy my next house.I bought my current starter house ~5 years ago for $237,500 and put 20% down. 3.75% interest, 30-year mortgage. Principal + Interest + Property...
I believe I need some help with my math. Here is the situation:I have a property that I have purchased and rehabbed. I'm all-in at about $90k (I ran into contractor issues that ran the rehab higher than anticipated)...
Hi All. When it comes to real estate I consider myself a hard nosed investor. Always getting involved with the nitty gritty and just pushing through (never pretty). When renovating this results in myself acting as the...
A lot of interesting things going on in Oak Park IL. A few years back the city made the decision to embrace high rise structures, since than upscale high density condo and apartment construction has increased signific...
Hi, I have an accepted offer on a duplex in an A+ neighborhood but the current rents will bring negative cash flow with 25% down. Leases expire 2-4 months after i am supposed to close at which point i can raise rents....
I have found an opportunity on a property which i feel is underutilized. My theory is that the property which currently contains two small duplexes could be demo'd and redeveloped with 8-12 units to increase cash flo...
I think the common perception about real estate investing is a bit dated. The classic laissez-faire approach of find some seed capital, buy a unit, rent it out, and only come and fix things when they break just doesn'...