Chrissy L.
Putting an offer on a multifamily...help
Hello BP, after months of diligent and persistent search, I've finally found a deal to put an offer on. It's a 3-unit multi, two of which are currently tenant-occupied. Based on the rental market in the area, the th...
Valerie Jean McCloskey
Help - My first offer: Should I buy this condo
1B1B 900 sq ft condo in Canton, MI
Asking price 145,000
Current tenant in place till June 2022
Monthy Rent $1,200
Seeking advice: If I offer $120,000 with 20% down wait till current tenant moves out in June 2022...
Cody Burckhardt
Refinance a Cash Purchase
I am closing on a property that we went all cash to speed up the closing, with the idea of refinancing (taking out a loan) asap. I have read a few things that say 7-12 months is the seasoning period before we can do ...
Brock Burton
Navigating Broker Relationships
Hi BP fam,
I am curious to hear how some of the more experienced multifamily operators have created strong relationships with brokers. I think this is a pretty common obstacle starting out, but with no experience or ...
Austin Culp
Rental Properties Spreadsheets
I was hoping someone could help me or if someone knows resources that I can make spreadsheets with for managing expenses and doing book keeping for rental properties. I am a new investor within real estate and I am no...
Tommy Cheng
Would you consider selling a Queens property to invest elsewhere?
Hello,As some background, I currently own a duplex in deep Queens, close to LI. I've owned the property for almost 5 years. The house could sell around 900-1 mil based on recent sales in the area and I have around 40%...
Carissa Holmes
Buying 2-4 unit mult-fam under LLC -what are the steps for funding - must it be comm?
This will be our first purchase not in our personal names. It will be purchased by our LLC. I'm trying to understand the process for purchasing 2-4 doors under a llc and how it differs from buying 2-4 doors under ou...
Travis Lauchman
Best Strategy for Leveraging $150k?
Hi All! I work very closely with a rehabber in Baltimore City and therefore am often coming across deals that don't quite work as flips but would be slam-dunk rentals. Until now I have passed on this opportunity. Howe...
Zachery Russell
Newbie seeking some advice
Hey everybody! Very new to real estate, this is actually my first forum post.I was recently introduced to the BiggerPockets podcast and was instantly hooked, I have listened to quite a few and plan to listen to all of...
Nathan Frost
Section 8 Investing
Hi all, I have had two people reach out claiming they can get $500 cash flow per unit section 8. Saying I should invest in 10-15 units. Anyone experience with section 8? I mean I could buy 10-12. Just not sure if ...