Hello folks. First post. Happy to be here. My wife and I decided to start out of state rental investing in Columbus Ohio. How can one, who has only rudimentary knowledge in real estate without any boots on ground exp...
Hello All,
I'm the owner of 3 Airbnb properties that I've acquired and renovated over the past 6 years. Initially it has been great, so great it has prompted me to leave my aerospace career in Jan 2022 to focus on re...
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Aloha everyone! I'm new to BP. I have been working as a Registered Nurse for 5 years at a hospital and my wife is a social worker for an insurance company who works mostly from home. If there is one thing I realized s...
Hi BP Community. I'm 25yo and motivated to grow my rental portfolio so I can replace my W2 income. I make $120k - $150k per year and am based on the west coast. I am looking to invest out-of-state as a long-term, buy ...
Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....
Here's a 8 plex I've been looking at in San Jose,Owner is asking 2 Million and has rejected 3 offers 1.7 mil, and 1.8 mil.The property is located right off of the 87 in S. San Jose. It is close to a large new apt or c...
Hi Biggerpockets forum! I am in real need of some advice on what to do next, and would greatly appreciate investors chiming in. After spending the last couple of years paying off debt, I am debt-free minus my two rent...
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
Quick Intro, I have been lurking in the shadows here, listening to podcasts and reading books for the last 8 months. My end goal is to reach financial freedom through cash flow. I am actively seeking fix and flips wit...