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We have a farm that we built 2 years ago under contract to sell, which would net us ~$800k. This cashflows ~ $100k to us annually plus the tax benefits net us another ~ $50k in tax savings thanks to depreciation impac...
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Hi Everyone!My name is Eric, I live in Addison TX, and I work in healthcare IT. I've been a BP member for a while now, but this is my first post. I've mostly just been in the background, reading and learning as much...
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What are people thoughts about buy and hold during controversial neighborhoods regarding gentrification? In San Diego, I see and research some areas that agents are marketing as up and coming, gentrification, get it n...
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Hi all! I am new and I am trying to understand how to find a good deal so I am walking throughout an analysis of a small multi-unit from loopnet. It show up as a 12 CAP so I can’t understand how it could be a bad deal...
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Hi, I am a UK resident and am thinking of purchasing a turnkey rental property in Cleveland via Global Investments. I would appreciate any advice from people who know the local market. The properyt I am currently look...
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Hello,My name is Rahul. I'm a new to the Bigger Pockets community and have been getting acclimated to this site and its member’s by reading posts and listening to podcasts. So far, everything has been entertaining and...
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Hello to all,
For a little background, I am an 18 year old college student from the Dayton, Ohio area and I am strongly considering going back to my hometown, enrolling in community college, and pursuing my real esta...
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I have different a motivation for everything I do. I wanted to start investing so that I could create wealth by means of cashflow. I knew that generating positive cashflow each month by renting out my properties wou...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in East Boston.
Purchase price: $820,000
Cash invested: $120,000
Bought our first multifamily property to use as a house hack...
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So this would be my first deal and I would like some honest feedback. I need to know if I'm biting off more than I should chew.
Triplex asking $220K
2B/2Ba each unit
Good neighborhood and schools
Rents 1x$600 2x$650 ...