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17 April 2019 | 3 replies
In winter time, you might check the utility company that powers the furnace once in a while to be sure there is heat so that your pipes don't freeze.Some jurisdictions require you to be responsible for the bills if the tenant does not pay.
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11 April 2019 | 1 reply
Super ballpark: Each ~$1500/mo of rent will yield ~$75k of buying power.
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16 April 2019 | 3 replies
I know that potentially buying the vacant home from the city is an option; however, I don't have the cash or the will power at this point to try and figure out how to buy a condemned home, fix it up and turn it around.The property I have under contract is in great shape for the area that it is in and having assumed that there wasn't a vacant property next door I estimate it would have rented for above average market rent.Here are some of the deal numbers to help give some more context.Purchase price: $70k20% down at 5.25%Only upfront cost put into property would be a couple of appliances (~$500)All-in for ~18k estimating $3.5k closing costsReasonable estimated rent: $850/mo (under circumstances of normal home next door)Cash on Cash ROI: 8.7%Cashflow + Paydown ROI: 13%Any advice, comments, constructive criticisms would be appreciated and helpful.
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11 April 2019 | 0 replies
Thoughts on power lines and property values rentals.
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13 April 2019 | 5 replies
(My BiggerPockets super powers give me the ability to tag anyone, but you have to be colleagues with them before you can tag them.)
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12 April 2019 | 0 replies
I'd like to network with like-minded New Yorkers to make some power moves here in NYC.
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26 April 2019 | 20 replies
We pay a little extra for wind power for our primary residence (which is nestled under too many shade trees to consider solar)
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11 March 2022 | 13 replies
I wish I had only realized the powerful tools there were available to me as a service member earlier in my career.First, don’t discount HI immediately Yes, it is a tough market, but you have some advantages including this forum.
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15 April 2019 | 2 replies
My main focus is to have more buying power and speed when shopping deals... and i want to buy apartments. someone please help!!!!!
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2 May 2019 | 12 replies
If the powers that be lower Texas property taxes, don't be too surprised if a legislative session or two later they hike your income taxes in this great great shell game that is "who do we tax and how do we tax them to pay for the stuff we want?"