We wanted to get some insight on how to proceed with our business! We own 4 SF and 2 MF for a total of 8 units. Of those 8 we live In one unit and his parents live in one, So only 6 units have an income. On the 8 unit...
Hi all,So I've been scanning BP for an answer to this, and it seems that a good yield would be in the mid-teens and a good cap rate would be 8-12%. Can I confirm this with fellow BPs?(I'm aware that obviously these nu...
Investment Info:
Condo buy & hold investment in Chicago.
Purchase price: $92,950
Cash invested: $92,950
Purchased within a Self Directed Retirement Entity
What made you interested in inv...
Hi All!I have a duplex I'm looking at in the Muhlenberg area of PA. It's in a decent neighborhood, but the schools aren't great. Listed below are the numbers. Could you please let me know what you think? Would love to...
Hello,When using the BRRRR strategy or the Buy and Hold Strategy, generally how long should people hold their properties? And on top of that, does the length depend on the deal, market, or where the investor is with t...
Hi fellow investors, I’m looking for some advice here. I purchased my first investment multifamily property in 2016, with the intention of using the BRRRR method to continue growing a portfolio. Shortly after buying t...
As I am actively working to get a new rental property, I am trying define what I am comfortable with as a first time investor.
Would love to pick your brain on these questions.
1) How important is a good school dis...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Newnan.
Purchase price: $90,000
Cash invested: $30,000
Sale price: $152,000
Duplex subject-to BRRRR. I took over the p...
Just put an offer in on short sale property for 92k in Bucks County, Pa. Average comps for well maintained houses is around 135k. Average rentals for 3 beds, 1 bath, 1000sft is 1400.
Question:
Is this a good deal?
...
I was hoping to buy a 3 bedroom place in Federal Hill/Fells Point/Canton. I would ideally rent out 2 rooms and live in the other one under a FHA loan. I would be willing to trade off a little bit of potential cash f...