In Los Angeles California, mid-40s w 2 kids, good jobs, have personal SFH 1900sqft valued @ $715K w/ $300k equity. Have 3-plex investment 3hrs away, $250K value , positive flow of $100 per unit, $60K equity, hiring...
Hi bp gang!
found an awesome investment opportunity in the new york area. multifamily 3 over 1. It's a little risky because I've been furloughed with the virus, but i was thinking of pulling a hard money loan ( refin...
Hola, BP community ! Am circling a short list of neighborhood strip centers to bid on in the Chicago suburbs $4-6 mln range, looking for an advisor/mentor who can help review the bid level relative to fair market va...
Hi everyone,This is my first post here, and I have read the forums some time. I currently have two rentals, and I want to move into multi-family apartments in the Seattle area. I am a data nerd, and I am looking f...
Hi,I just put under contract a property in the Bronx, near St. Barnabas Hospital. House is on a 25x100 land and according to architects, I can build up to 8 units, all 1 bedroom. Now I just want to make sure the math ...
Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
Hi, I'm a new investor and believe I have a good potential. Listed at 120k, comps are solid at $250k. Problem is haven't seen the property, owner is still in property and it's been listed for 1 day. What are the risk ...
Hello BP, Lets say you meet someone with $200 Million and they want to put it into real estate. How would you add value to this person? Which investment vehicle would you chose? (Single Family, Commercial, Etc.)Who wo...
Hi every one,I have a propriety in Memphis that is braking even in income and expense .Just asking to see if I should sell or trade it in for a cheaper propriety .I have had it for about a year and its rented out for ...
I am just about to complete the sale of my first Subject-to deal. It wasn't a grand slam but when you consider the cash on cash returns it was pretty darn good I think.. Here are the details. I got the seller who w...