Hi BP members -- I am investor based in Broward County - South Florida and wanted to get opinion from other South Floridian's. I see new condo's being built on every little piece of land available and am concerned thi...
What would your offer be, rough estimate?What would your P%I be ?21 units total gross yearlyincome 201,6005% VacancyExpenses PM 10% of gross ?Taxes 32k yearInsurance 16k yearmaintenance 10 % of gross ?Common area util...
I am just getting started in the process of making my first real estate purchase. Right now the focus is buy and hold small multifamily (2-4). My initial strategy is to invest in higher end properties with the hopes t...
Hi everyone,I’m about to close my first investment property. The current owner has an on-site manager to help him taking care the property. The manager is responsible for maintenance, lawn, cleaning and some other mis...
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
Good day.
I am new to REI and Biggerpocksets and looking for thoughts on a starting point. I’ve read the Long-Distance REI and in the process of reading the beginners guide, but a change has made time of the essence....
Hey Guys so most likely going to be getting a brand new construction DUPLEX close to downtown Houston, TX with a view of city off back porch with 4 lots empty next to property which are planned to build new houses on ...
I bought the house 5 years ago for 800K in CA with 350k downpay and then rented it out 2 years ago. I have about 1% coc return. The house is now worth about 1M. Recently I am concerned about the economy and thinking a...
hello everyone,
I've been following BP for sometime now, & I've been learning a lot.. thank you all! A few months ago I decided that I wanted to conduct a 1031 exchange into a multifamily. After doing ...
Hey Everyone,
First and foremost, I want to say it works! IF you guys are willing to put the time in! The advice/leadership that I have received through the forums, and even on a personal level with someone o...