Do you pay for upside potential when purchasing multifamily? Or should you only be paying for the NOI * Cap Rate?
Hi All,Hoping to receive some advice. I have owned a 4 unit property in Bellwood, Illinois for about 1 year this month. On average the water bill was previously manageable of course I notice an uptrend over the summer...
HelloI am a real estate investor newbie currently living in Fountain Valley CA. I really appreciate this forum and have learned already so much from the podcasts! I'm always listening In my car on my way to work and ...
Here is a breakdown of each step in the BRRRR method:
Buy: Find a distressed property that is priced below market value. This could be a property that needs significant repairs or one that has been on the market for ...
Hey BP buddies, im 22, and Im poised to purchase this property in Tallahassee; my mentor always told me if you want to focus on scaling and maximize cash flow, your mortgage term should be interest-only payments and n...
Portland Oregon has received top city to live in 2 years in a row, and growing at a rapid pace. With large companies like, Nike, and Intel the growing demand for affordable housing/rentals are ever increasing. The p...
I currently live in Rockford, Il but I own a condo in Michigan that is tenant occupied. The one year lease on the property is up come October. The tenant wants to renew but I have received an offer for the property wh...
Hi,
Can a landlord charge me to replace a microwave that stops working? Good chance she bought it used based on other appliances.Please advise where I can search for this information.
Thanks,
Hi,
My name is Peter. A friend introduced me to bp; I was so excited and started podcast from episode 1 to episode 50 in a month or two. I started real estating investing - pretty much just buy and hold for a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $350,000
Cash invested: $61,000
Value-add triplex in the Manayunk area of Philadelphia. Inc...