What a relief! Have you ever had your expectations exceeded? Well that just happened on my last project and I have an overwhelming sense of joy from it. I just completed a live in rehab which I intend to rent our l...
I have identified my "why" and set several mid to long-term goals, but I'm suffering from analysis paralysis. I want to build a portfolio of several hundred units of B to C class multi-family properties. I'm 34 years ...
My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% The current rent for the front and back units are $1,450 and $1,535 ...
I am happy to say my first BRRRR is officially completed. We purchased a property November 2016, thought was going to take 3 months to renovate, ended up taking a year, got rented right away and then nothing for 7 mo...
I'm curious what people think is the best type of 'buy and hold' property to look at for beginners (condo, single family home, multifamily, other). Living in the Chicagoland area, multifamily units in Chicago proper a...
I know a lot of people hunt for flips but in a market where the population is growing exponentially many investors in our market are buying new construction. Pre-Sale contracts can allow a buyer to build a year's wo...
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
Hello bigger pockets 😀This is my first multi family purchase. I am 25 years old and have experience in construction. I am a electrician and my brother is a electrician and a plumber. It's is in a area that in borderli...
I was recently notified of a 4 Plex from my agent and the asking price is 105K. It is a 1/1 with full occupancy. 3/4 units are month to month as they are out of contract where another new tenant just signed on for a ...