There is a 10+ unit building that was under contract and the deal fell through due to DEC records of soil contamination from a previous nearby gas station leak. The owner of the property has had it for over 30 years ...
Okay, I am looking at a deal where the seller is asking $455000 for a 13 unit slightly distressed apartment building. Currently bring in $6000 a month. The area cap rate ranges from 7-9%. In my numbers I am using a co...
Hi BiggerPockets Community, I am an aspiring real estate investor. Recently, I have stumbled upon the book Rental Property Investing by Brandon Turner and I like it as it is very detailed and informative. However, I f...
Hello! I'm from LA and have been itching to start my journey toward more residual income by purchasing rental properties. I'm new and have a lot to learn. To start, I've been thinking about Bakersfield (Los Angeles i...
Hello! My wife and I are at the point that we want to invest into real estate in the STR space. I want a less seasonal market but she wants to keep it close(ish) to home so Northern Michigan will likely be the landing...
Hello everyone, I am currently serving in the military and was looking for a side business. I’m interested in selling items on amazon with drop shipping. Any one have any advice/ experience on the topic? Thanks in ...
Hi everyone, any recommendations on property managers in the Pittsburgh area? Ideally, one who you have worked directly with or you know someone who has worked directly with them. Thanks in advance. - TJ
Anyone have a great referral? In the process of buying a few 2-4 units and would love a recommendation. Thanks in advance!!
Hi all,What are people seeing as cap rates in Philly (I assume 15% for maintenance, replacements reserves, and vacancies). For apartments buildings (not SFH)I am torn between getting higher cap rates in areas like nor...
I have an opportunity that might hit my numbers on a property that has 6 units.Pros:Area is decent, exterior is in slightly deferred maintenance mode, 100/door as-is, rents have room to grow, retiring owner will finan...