How I made $200k after mortgage payments in less than 10 years on a single property and still own it but want more
I bought a 3 family unit in 2009 for $159k with only 3.5% down. $159k -$5650=$153,435+ closing cost...
Three story apartment complex, Built: 1970Number of Units: 29Gross SF: 23,184 SFAverage SF: 653 SFNet Leasable SF: 18,989 SFRoof: Slight pitch asphalt shingleHVAC: Forced hot air, gas furnace/central ACNeighborhood Cl...
I just finished running the numbers on a 24 unit complex. Property has been on the market for over 200 days. Asking Price: $888,000Gross income: $114,692Tax: $9917Insurance: $7000Utilities: $19,324NOI: ($15,000)Occupa...
My wife and I are starting to look into investing and purchasing our first rental. We were looking at single families for a while and kept our search close to home. The high taxes and little inventory meant there was ...
Hello everyone,I was looking for some feedback on a potential property in Maryland. There are 2 buildings, a duplex (1 BR + 4 BR) and a 5 unit (1 Efficiency, 1x1 BR, 2x2 BR, 1x3 BR) for a total of 7 units. Both buildi...
I was running numbers on a property and the cashflow comes to 500$ without including capital expenses and maintenance. I heard using line of credit for maintenance is what you should do. Would this be a good property...
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Hi I'm trying to learn, read, and grow my network in real-estate for about 1 month. I'm fairly new to the whole concept of investing into an MFH, but I think I'm ready to look into my next investment. I definitely don...