Hello all,I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest rat...
Hi, BP Group -- I have not been at all active on here, due to massive changes in my full-time job. Company was bought out, then merged and so in two years I've been focused on that. Well -- I'm in Phoenix. Have a s...
Hello BP community! My name is Kristian, and I'm a newbie (OK, longtime lurker) in my late 20s from San Francisco. It was always my dad's dream to build a portfolio of rental properties that would enable him to quit h...
Kind of a 2-part question, but both are concerning what I've been running up against lately while putting in offers (more-so than usual it seems).
1. Why would every offer I put it trigger a multi-offer scena...
Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000...
Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...
I've heard that investing in Self-Storage is a great idea. I agree! It seems like a great business. I was wondering if anyone has had any experience in this area?
Hello everyone! My name is Yvette and I just wanted to post a quick note to introduce myself here. I was born and raised in Hong Kong but have lived in New Jersey for over 15 years now. It has only been a couple of we...
Hello everyone!My name is Yan Linwood. Like a gazillion other people, I too, read Mr. Kiyosaki's "rich dad poor dad" book and got excited about the real estate business. My dad had been shoving that book to me since I...
Would you guys ever consider buying a 200 unit apartment complex, that’s section 8 as well as it only having 1 bedroom floor plans?