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My partner and I began discussing Real Estate early this summer. Originally, I became interested in RE after hearing about friends who were successful. My first "Youtube" search led me here, to Bigger Pockets. Afte...
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hey guys I live in Branson Missouri and I'm buying my first investment property. I already own my home so this will be a 20% down conventional loan. The numbers on it our 64,999 purchase 1200 a year insurance 650 year...
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I have tenant that has been renting for a year and convinced me to reduce my rent and signed a 2 year lease 4 months ago. They offered to by the rental just 3 months ago and used their deposit for earnest money and wa...
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I've been pounding the pavement, starting to talk to owners/sellers. I went to an ICOR meeting last night and it was a pretty exciting meeting. A lot of what was discussed was the structure of the deal and creative ...
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Hello BP,My property manager told me to avoid these three areas; hilltop, south linden, driving park. What im looking to do is BRRR in columbus to pull some of my money out ( I dont mind leaving money in the deal). Th...
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Hi all,
I am considering a deal for a 26 unit small apartment unit in a small town in not where I live. The pro forma numbers look very good but they have about 8 units that are not being rented. Currently it does ...
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Looking for peoples opinion on this. I’ve owned a duplex for a year now in Orange County NY which is about 65 miles North of NYC. I have both apartments rented to single individuals that both keep the place clean and...
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Hi BP'ers! Let me introduce myself :)I am a 25 yo Belgian dude from the Antwerp area, now looking for my first multifamily property. I am looking for a 2-5 unit property with 8-10% gross return.I know that a lot of yo...
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Hello BP Members, I have a question about the refi part of the "BRRR Method." I am having trouble understanding if I should do a residential or commercial refi. I am buying the property under an LLC. I spoke with a br...
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Hi everyone, I had a friend talk to me the other day. She was saying that her first rental was a house that she and her husband picked up from a neighbor they knew who was moving. But she said it didnt cash flow much...