My goal for 2020 is to start my first STR. I've acquired a property and hope to go live with my listing in February.What is one piece of advice or encouragement you wish you would have been given before you got start...
I am making sure I do not make a mistake because this is my first buy and hold. It is a 3 family with a seven car garage (which I could eventually turn into an extra apartment) it is currently being sold for 220K and ...
Hello all, I stumbled across BP and haven't been able to stop reading everyone's and opinions regarding a new, but passionate investing subject I'd like to get started in - Real Estate. Particularly, in Las Vegas w...
Hi Everyone,
I'm a newbie to all of this and I've done some research over the past few months... Already made my first mistake. So for those of you reading and not participating here is the mistake I made I e...
Hi everyone, so this question might come across a little strange, so I thought I would first give some background information. So as things go, my little fix and flip business is starting to grow and I am starting ...
As always I turn to this forum with a scenario. Potential renters with 100k in the bank. Self Employed and appears last rental location was owned by a brother. On the rental application they put the first name of t...
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
I've been proposed a Class B multifamily building in a desirable area with low inventory. Below are the numbers.9 Units( all one bedrooms ) ( 625sqft )2 units= $880, 2 units= $800, 2 units= $725, 1 unit= $845, 1 unit=...
Hello Every oneMy name is Perrii, from Toronto. I was working for different banks for 35 years. Self employed for the last 5 years. Learnt and started investing in real estate for the last few years. Now I am a Passiv...
I am looking at purchasing a 72 unit apartment REO in my area. The bank is currently offering 20% down, 300 basis over prime with a 6.75% floor on a 20 year amortization and a 5 year balloon. Apartment is currently 75...