Hey guys! I'm new to analyzing deals. I found a 4 plex multifamily in St. Pete beach in the same zip code I live in. It's selling for $675k. I wouldn't have all the cash, but running numbers it seems like it would be ...
I'm pondering a question regarding unpaid rent. In a particular deal, at least one tenant in a property is behind in rent and will be behind when the buyer takes ownership of the property. Who has claim to unpaid rent...
Here's the scenario:12 unit apartment complexOff market2 units month to month10 units 12 month leaseUnits are $300/month Below Market rentsAbsentee ownerProperty is free and clearPurchase price $1,600,000$50,000 closi...
My husband and I found a deal that looks like this - 500,000 for two houses on the same lot. One is a small 3 bed 2 bath that has a tenant in place paying 1100. The other is a 10,000 square foot house with 4 kitchens ...
This white sounds like a silly question, What is it ever a good idea to do a cash out on a free and clear rental property just for the sake of locking in some cheap money? Even if there's no immediate plan for it. Fig...
Hi all, I'm new to BP and have seen a few posts that refer to the rental class. How does one determine what class the rental property is in? Obviously, location, but am I seeking out specific numbers, and if so, which...
Hello, I need some advice from "smart" money people on what to do in my situation... It's a good option that I have I just want to do the right thing.. I am currently 34 yr old live in Fort Myers FL and bought a house...
Hi All. Name is Eddie and I'm from the North San Diego area, which includes Carlsbad, San Marcos, Encinitas, etc. When I'm not at work or chasing the kids, you can find me in or on the water.I'm a forty-something Wa...
I am Drew. This is my first post though I have been reading bigger pockets for a couple of years.
A little history. My dad and I have 20 single family rental units (about 80% owned free and clear). We rent these for...
I have been pondering this lately. I'm still in the education and learning phase of my journey, and I'm about one year away from purchasing my first property.My wife and I like to earn hotel points and frequent flier...