Aspen Jay
Help Needed: is this a good investment in today's market?
Hi! Just went into contract on a home (3 bedroom/2 bath with an outbuilding in the backyard with power) yesterday before doing solid number calculations (I relied heavily on my agent making the mistake of not doing my...
Yesenia Martinez
HI REI friends
Hello REI friends!Soon i will be looking for financing to buy either a property to rent and hold, or to fix and flip. Ill be looking for home equity loan, over a property I completely own (paid cash) . So, two quest...
Suhaib Rehman
Tax deduction on investment property texas
Hello everyone I am considering purchasing an investment property in collins county texas. I am a little bit concerned about the interest rate however if the tax deduction offsets this, that will help me do the purcha...
Marlon Diaz
Help With First Rental Property
I've been looking at youtube videos from various sources to prepare myself on buying my first property by the end of the year (2020). My goal is a 4-plex. I'm nervous about it, I'm currently deployed in Afghanistan an...
William Johnny
What’s a good amount to have saved up for first multifamily property?
I plan to house hack my first investment property. I’m looking for a duplex or triplex in Delaware County, PA for around 200k-300k. I wanted to start off with working on a property with only minor repairs and cosmetic...
Account Closed
Fair analysis or too conservative??? Newbie here
I'm a newbie here and would greatly appreciate some feedback.3 Unit PropertyList Price 69,90020% down (13980)Loan 55,920 at 7% for 30yrs = 372/moINCOME2125/mo (25,500/yrly)EXPENSESTaxes 3087yr (258/mo)Ins 1200/yr (100...
Ryan York
Duplex Analysis - Seeking The Elusive First Property!
Hey BP, I'm currently trying to break into the REI world. Could anyone offer any tips or a second opinion about this property? Any advice/critiques of my analysis would be greatly appreciated.
Ray Trounday
Difference between Yield and Return on Investment for a Note
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...
Chris G.
How important is vacancy rate, and how do you find it?
When buying houses to buy&hold as rentals, how important is vacancy rate to you guys and how do you figure out what the vacancy rate for an area is anyhow? What size area around the property do you care about in t...
Evan Bell
Landlord insurance as percentage of rent
How much do you figure your insurance policy should cost you as a percentage of the rent collected on that property per month?