RESIDENTIAL rental newbie question: I have a solid B/B+ class SFR out in Denver in which the tenant came on in December. The tenant is a contractor who just moved to the metro area with his family. While working a ...
I've recently got a Triplex property under contract and I used the BP calculator. I think the numbers are good but I need other opinion. Thanks in advance!!!
Here are the numbers: 1920 house
ARV- 150000
Purchase Price...
So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
So I am somewhat new to the site. I started really looking into REI about 3-4 months ago. Before that, I was just a simple minded home homeowner just carelessly throwing money into my mortgage with no real financial p...
Hi all –
I wanted to get the community’s take on this all-cash deal for a multifamily unit. It’s in a very good part of Cleveland, hence the ARV. I plan to get a mortgage after 6-12 months, so my analysis will in...
Listening to various podcasts, it seems like the typical playbook that many successful investors follow is to start off buying single family homes, move on to 2-4 units, and eventually 1031 or pull out equity and get ...
Hello!
Looking at a lower price point ($90-100K) for my 2nd investment property and that has pretty much taken all possibility of small multifamily out of the picture. So I have set my sights on single family and ...
Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
Hey all just wanted to share a success story for those people saying there are no deals to be found! This property was a foreclosure up for sale at a judicial auction. I have an assistant who runs comps for me on all ...
I have interest in acquiring an 8 unit building which is an approved condo structure and can be sold individually. I would like to use an old but effective
technique to purchase this property. I want to convenience th...