Edita D.
lease the laundry room out for 40% profit from washer/dryer or purchase your own?
Hey guys,
we wanted to replace an old dryer in our 4-plex. Our options are:
1. PURCHASE a new Speed Queen gas dryer 870$(with the installation, delivery, etc) that we OWN and collect all of the profit. But there are u...
Nathan Peatrowsky
Rapid City, SD Duplex First Deal
Hello!I am currently looking at a Duplex with 2 tenants in place. The asking price is 83500 and gross monthly rent is 1700. On paper this deal looks fantastic.I am currently a student thus no steady income to easily a...
Robin Cochran
Need urgent advice, please.
Purchased a home with owner financing in SW Florida. We had a closing and are the owners of the home just as if we went through a bank. We have been here nearly five years. The terms included a balloon payment, but th...
Amber Douglas
How to Finance a Small (40K) Home Purchase?
Hello There! I have found an 1100 Sq Ft home (2 bed 1 bath). The roof was replaced this year and the Central Heat and Air unit was replaced within the last 3 years. The house is on a large lot and needs some updatin...
Bob Willis
Use of property purchased using 1031 funds
Hey All - I currently live in Nebraska. I own a couple of properties in Arizona that were purchased using 1031 funds and are being used as rentals (one LTR, one STR). I have held both for a number of years. My wife an...
Travis Cheney
ISO Rehab to Rent financing
Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I’m looking to rehab and rent. Several GC’s have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting f...
John Smith
Seller Stuck Buyer w Filthy, Damaged Unit at Close. Small Claims?
Is a seller obligated to turn over a unit that is clean and in good repair at close? Seller took a tenants' security deposit as last month's rent just before close and stuck me, the buyer, with a filthy, damaged unit....
Kizzy Robb
My Goal vs. My Reality
Hello All,
I've been wrecking my brain and could use some expert advice. In 12 months I will be prepared to purchase my 1st investment. I will have 20K - 30K in cash available.
My goal is to purchase ...
Timothy Javins
How can this work for rental?
I'm looking at a rental. Here's my analysis:
https://www.dropbox.com/s/a53xqujtbgv7o4u/Rental%20Property%20Analysis%20-%20ghosted.pdf
Anybody see problems in the figures?
Details:
+ Very desirable part of Northgate...
Jill Johns
Meeting new people- activity that makes one nervous
Hi BP group! I've been here for a little while, mostly reading & trying to take it all in, after quickly introducing myself. Slowly I've come around to posting a response now & then, asking a question when one...