List Price is $59,000 and I know it's going to need a new roof very soon (est. $6000) and concrete work outside (est $2000).

Most people think what they have is worth more than it is and is in better shape than it really is.Just judging from the pictures, the house was not well maintained, so I would say everything (hvac, plumbing, electrical, etc) is going to need work, if not full replacement.

You're going to need a strong marketing strategy if you plan on doing all of the bookings yourself.

hey BP community,so i found this 3/1.5 property in a pretty liquid market in north texas (denton) for $140k and i saw that there were mulitple options to acquire it. lease option, seller financing, or all cash. pretty eager to work with anyone, which already makes me feel a little uneasy (even though i'm going to need something like this to get started haha).after a brief first contact with the broker, i found out that it would be 10% down.

The tech industry isn't going anywhere and people are going to need housing to live there.

Will be interesting to see what that looks like, this could easily push the cusp of total loss or near it.Right now, its sounding like it may be end up being ruled the fault of the tenants, so i'm going to need to make some decisions soon.

If the house is going to need lots of updates/repairs it might take a while to recoup the cost and could be worth doing only a smaller rent increase.

You own it not him and there’s certainly No reason to need 6 months to move  .

There are plenty of positives and negatives about both locations so you are going to need to decide what aspects of each location matter the most to you and which location will allow you to achieve your goals.Weigh all the pros and cons...

Hi Account Closed For an investment property, you're going to need 15% (at least) down for a single family home, or 25% down for 2-4 unit property.