Hi guys! I've paid off my home that is now worth $500K - I want to use the equity I've accumulated to purchase an investment property (multi-family or small apartment). 1. What is the best way I can maximize this oppo...
Hello my name is Brendan. I just acquired my first property. The house is a older house, that is not located in the greatest area. After demoing and removing all of the carpet I found some decent hardwood flooring. My...
We're in a bit of a pickle and have only a couple of months to find a 4-plex somewhere in the lower 48 that will cashflow, that we can then move into later in the year. We bought some properties a few years ago and it...
Hi all!We have a single family rental out of state and now looking into a 3 or 4 plex multifamily system next. I dont have a huge budget but I see lots of multis on the market in places like Rochester, NY, and St Loui...
Hi guys, how can you properly value apartment complexes when it seems like so many people calculate their cap rates differently? Do you include debt? Cap ex? Maintenance? Or just a straight annual gross to purchase pr...
Hello everyone,I'm looking to begin my real estate investing journey by way of a small multi-family house hack. I had read that it was possible to put less than 20% down using a conventional loan as long as you live i...
In light of recent events such as Silicon Valley Bank's collapse, some economists are now calling for the U.S. Federal Reserve to pause interest rate hikes or even cut rates to relieve stress on banks. However, with i...
Hi BP Family!I found this 6-plex in my market that is rare to find. It has great potentials after rehabbing based on the current market rent. The asking price is for sure a steal with its current NOI, but it definitel...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $408,000
Cash invested: $102,000
Purchased this investment property in highly sought after area of Colorado ...
Question: have you ever done a BRRRR? I'm trying now to do a BBRRR - Buy (land), Build, Rent, Refinance, Repeat***Pros***
High ROIs
This strategy works with very little cash out of pocket, especially compared to t...