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3 February 2025 | 8 replies
Look for bankrupt companies, TOys are us, Bed bath beyond, Macys, retirement homes, Boston Market, etc etc.
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29 January 2025 | 0 replies
The for sale homes are 1530 sq ft and the rentals are 1380 sq ft, both with 3 bed 2.5 baths.What was the outcome?
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29 January 2025 | 5 replies
Hello,My tenant recently moved out of my investment property which is a single-family 3 bed 1 1/2 bath home.
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14 February 2025 | 21 replies
It's a 4 bed, 2 bath in Anna, TX, north of Dallas.
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13 February 2025 | 16 replies
She was comparing it more to a bed and breakfast, hard to finance.
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27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
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25 January 2025 | 1 reply
Podcasts on the way to and from work, and read a book right before bed, maybe even squeeze a few minutes into browsing some specific topics in the forums.
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19 February 2025 | 9 replies
A letter is going out the GA Board of Realtors to warn other real estate agents if their buyers are in bed with Insula, to head for the door.
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23 January 2025 | 6 replies
I'd talk to your zoning office and see. 3 bed 3.5 bath in 1500 sq ft is pushing it. we build super compact and have a layout thats 3 bed 2.5 bath 1 car attached garage in Columbus Ohio.
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26 February 2025 | 14 replies
However, I have the suspicion that he's in bed with his contractor, getting a cut on top what his platform costs you.