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Can a 5% cap rate multi family Cash Flow better than an 8% Cap rate ?
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I am currently in the process of purchasing an 8 plex in the Kansas City MO area, with two business partners. One of them is my brother. My brother & I live in Boston MA. I work in the oil & gas industry and t...
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Hello BPers - This is my first post on the forums so a thousand humble apologies if I commit an unspoken faux pas like forget to complement Brandon's beard.I've been interested in REI for a while but only recently dec...
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I'm an absentee landlord renting out my old house. I hired a local property manager to handle day-to-day issues and tenant relations. Our tenant is a young attorney who never fails to remind us of her profession. M...
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I've worked as a court reporter, but work is very slow in my neck of the woods, so I've accepted a property management position with a small real estate company. We currently manage the owner/agents property only, as...
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Hello All,
I'm looking to flip my first house. My agent is a family friend that I've known for a while. He's showed me a few houses and explained alot of the acquisition/flipping process to me thus far. I f...
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I am considering investing with a friend who actively flips single family homes. He states that he would look for a minimum of $20,000 investment in order to take on a partner. As I am new to the industry and working ...
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Hey BP! My husband and I are closing on our 3rd rental with inherited tenants, but this scenario is a bit different. We live in NYC now but want to move to Jacksonville where our rentals are. This property we are clos...
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Hello BP nation! How important is credit in regards to real estate investing? And also where can I find a credit repair personal?
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Hi BP! I need some wisdom here.
I am analyzing going in on a deal that is subject to financing.
The property has a first mortgage of 220 and is behind 13 months (11k) and is in pre foreclosure. The seller has a sec...