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A single story 4 plex offered at $91600 with market value at 95000. Income is $1625 from the units and utilities run $556/ month according to seller. That does not include vacancy, management, or repairs.
Wit...
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Came across a foreclosed SFH that has been converted into a 3 unit building. Two 2br/1ba apartments and a 1br/1ba apartment. The list price is ~$350k, estimating $60k in rehab costs. I'm estimating ARV to be ~$450k...
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I'm looking at a 16 units apartment deal. It is solid. Built in the 70's. Could use some slow updating but is all currently rented.It is really 4, 2 story town houses side by side with 4 2/1 units in each house. There...
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Hello! Has anyone had any luck with hiring callers from the phjobs site or any other site to call on the driving for dollars leads? Is it worth the monthly expense when starting out?
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I see a lot of people saying things like "My cash on cash return is 12% on this property and that's a lot better than my mutual funds have been doing in the market." I get the impression that they are comparing a 12%...
Hi BP Forum,I'm new to real estate and I am hoping to buy an investment property within the next 1-2 years. I am currently a student in graduate school in Southern California studying to be a pharmacist, and I am stuc...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hello BP Community,
We are planning on purchasing a duplex to live in one of the units and rent out the other. I mentioned using a FHA loan and only putting down 3 1/2% so we could use the rest of the money we have s...
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We are nearly under contract for our first rental property! Here are the numbers. Deal would be all cash (can’t finance until roof is replaced) Triplex in Northern MIPay:139k Needs roof:10kAll units have long term ten...
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Can someone correct me if I'm wrong here:
If I have a property I paid $35,000 for in 1979 and I can sell it today and walk away after closing costs for $300,000
OR I can finance it for 3 years and walk away with $359,...