Hello everyone, I am currently in the process of learning about commercial investing (apartments) and I wanted to get some feedback regarding one the deals that has been brought to me to try and understand if this mak...
Hi All,I am a newbie to BP, and this is my first post. I am currently renting a property I own. It was my primary home for 10 years, and instead of selling it at a loss, my husband and I figured, lets rent it until it...
I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
Looking at a off market 100 year old duplex in a gentrifying area of Nashville that the owner approached me about. 3 bdrms a side rent for 550 a room for a total of ~3200/mnth. Obviously this place has a lot of curb a...
So, I’ve got a pretty good lead on a possible first deal! Would be a long term buy and hold property, now the numbers!
Owner wants:
$25k cash
Or
$2500 down
$250 a month for 10 years
Total cost: $32500
The home is...
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
Yesterday my contractor told me I'm paying $1,000 per month to rent a dump trailer for trash outs on our flips. I assume I could save that $1,000 per month rental fee if I just bought a uhaul or dump trailer of my own...
Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
Hello everyone! I am looking into possibly getting a property that is over 100 years old but I have some big question before I do that. Taking a look at the building it seems like nearly all of the windows need to be ...