I really like the city and how much its been growing the past few yrs!

Put about $10k in and sold 3 yrs later for $107k.

I would not even think of charging someone for 2 yrs of wear and tear.One of my units was flooded by the rain.  

Hi all,Question:We (me, wife, 3 yrs old son) have a home in Miami, FL.

We've been making our payments on time every month for the past 2+ yrs but I know this will be a major disadvantage should we sell. 

Hello Hayden,I lived in Chattanooga for 10 yrs. 2 of those was in Hixson.

Please let me know if these numbers make sense as a good deal:Purchase Price:  $155kExpenses:Taxes:  3,439Insurance:  900Maintenance:  1,200Vacancy:  1,038Total Yearly Expenses:  $6,577Total Monthly:  $548Financing:$155k, 30 yrs, 5% = $832/monthExpenses + Debt = $1,380/monthIncome:  Property comes with tenants paying $1,500/monthCashFlow:  $120/monthNOI (without debt):  18,000 - 6,577 = $11,423Cap Rate:  11,423/155,000 = 7.37%  In this particular town, 7+% is very hard to come byI also believe the current rent is below market, and has potential to raise to 1550 or more.  

Hello Jacksonville and BP community I'm a handy man in the are of Jacksonville with a lot of experience on rentals and turn around as i have been a maintenance supervisor on the apartments industry for over 6 yrs i can do from flooring to roofing HVAC or pool literally anything related with a house  please feel free to contact me if you need help on any of your projects I'm here working my self up as I'm looking to invest on real estate as well.

First, I wAnt to let you know that I am an immigrant here in Canada for almost 7 yrs and still working on my permanent residence.

I have met with one banker already in person and I did learn a lot from that meeting, but wasn't thrilled with the terms, 20 yrs ARM starting at 5.5%, maximum it can go up is 2%, but people tell me to hold out for 30 year fixed.