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Hey BP, My wife and I have inherited a property that is split three ways with other family members. We have considered renting it, but it is a condo and the HOA will not allow any more rentals. If we sell the property...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,000,000
Cash invested: $300,000
5-unit Berkeley property, purchased with seller financing
What ma...
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Hi fellow BP Mates.Has anyone noticed a drop in wholesaling leads during the months of August / September 2017? We know a couple of other wholesalers and they also are experiencing a significant drop. We have not chan...
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I am seriously looking into getting involved in flipping, particularly the strategy of buying, rehabbing and selling.
I have been doing some research, including here on Bigger Pockets. I am in the middle of...
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Hey everyone,I was introduced to a friend of a friend who is selling a small multi-family unit. She is listing it on the MLS and therefore has an agent, but sent me the deal directly in case I want to purchase it.I su...
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I’m about to finish up my first flip! I’m so excited! I’ve always said “ if I just had 100k I’d turn it into 100 million...Welll.. now what haha.We are going to profit about 200k (hopefully more) off this flip. My cut...
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Hello BP Community!
I am reviewing the performance for one of my multi-family investments and noticed that the yearly taxes are going up over 50% as the assessed value has gone up (most likely due to overall market a...
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I'm genuinely curious – why aren't real estate investors proactive? For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3...
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Good evening BiggerPockets Community, My wife and I are new to REI, and I have been spending a lot of time trying to read everything I can, attend webinars, and practice running the numbers on properties that I've bee...
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I bought a 28 Unit apartment in 2018. I have updated 90% of the units, increased rents and increased the NOI. Interest rate is 5.5% with a balloon payment of five years. Even though it a D class property, It’s cash fl...