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Hi thereLooking for some insights on rental rates:
For two similar properties (same age, look and size) how would rental rates in the Fairview area compare with the Osborne st area. School proximity is also similar....
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Hello,I am working on an off-market deal for a property that has a 3 family and single family. The single family has been grandfathered in by zoning. However, the current state is like a garage. There is no basemen...
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I was doing some newbie number crunching and came up with this:
50 Units $1,000.00 per unit
Gross Monthly Income- $50,000
60% Mortgage,Insurance,Taxes,Misc.- $30,000
Net- $20,000
Are these numbers accurate?
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Hi everyone,I can't ever get a clear answer, from anyone, on this specific question. The city of St. Louis passed a few ordinances last year that made it easier for owners to participate in the section 8 program. One ...
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I just want to confirm when using the 50% rule, we only use it to compare to the mortgage amount and not taxes, insurance, etc.? So for example a property is 100K, has 1600/month in cash flow, with a $500 mortgage per...
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I am brand new to real estate investing. I want to know before showing the money, how do you know a piece of property will be a bread-winner/good investment?What do you look for in all aspects? Or do you hire someone ...
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I have a rookie question....Can one use a HELOC for a down payment to acquire a REI? Coupled with a hard money loan to Brrrr the property? Any implications using a HELOC toward a REI?
4Plex well cared for, recent $20,000 worth of updates including HVAC, all windows, other updates last year include vanities, carpet toilets, and outdoor carpet. Each unit is,2br1ba, kitchen, washer-dryer, 772sqft. It ...
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I'll try to be brief. I'm looking at an 8 unit apartment building above an autoparts store. It's not ghetto, I swear.My partner and I have the P&L statements for 2014-2018. The apartment portion of this deal ha...