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http://www.forbes.com/sites/timworstall/2015/08/02/uber-reduces-capital-concentration-and-increases-the-number-of-capitalists/I thought this article was an interesting one and wanted to share. Tim Worstall writes abo...
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I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...
Hi everyone. So I close on a duplex (I’ll be occupying one side) next week in a nice neighborhood where I live here in Wisconsin. I feel like I got a pretty solid deal on this property considering the market. Each sid...
Hey Bigger Pockets Forum People! My name is Ernie and I am a first time investor. I have been a Bigger Pockets Pro Member for a few months now and am really trying to be cautious while trying to make my first deal wit...
Good morning everyone. I am a veteran about to use my VA home loan to purchase a property, but I have a couple of questions about what to buy and where. First, a little bit of preliminary information. I am currentl...
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Hi Hudson County, NJ investors, any solid property manager you can refer for multi-family investments? This is for two buildings, 3 units each in West New York and Union City, New Jersey. What % of gross rent should...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
I purchased six doors in March of 2022 - my first multi-family purchase. Tons...
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Hi all, we have closed on a 4 unit in January this year in Allentown PA. So far we have done some cosmetic repairs, and are hoping to renovate the unit in the worst shape once the tenants move out this month or next m...
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Due to the bond market going crazy the last few days, within 24hrs my rate on a SFH investment house went from 4.375% to 5.5% !!!! I did not lock in yet. It is an increase of $120 per month. The question I have is sho...
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I have listened to several podcasts that recommend using equity to purchase more rental properties. I have about $100k+ in equity. Whats the best approach in utilizing the money to purchase several properties. Does...