Just recently took over a building. 22 units bought from a local owner. The inspections were done in November but because of the holidays, the financing period was extended due to the banks needing extra time to close...
I'm at the crossroads and have to decide today...I have a couple of properties in Birmingham area Alabama selected for a 1031 exchange, I have one or two more I can add and am in analysis paralysis between selecting i...
Hi every oneCan anyone explain me why on market place properties for sale list there are lots of properties that were posted up to an year ago? Does this mean they are not sold and still available?
There is a foreclosure that I have been looking at purchasing. They have it listed for $32,000. Repaired and updated it’s probably worth about $60000 - $65,000. I made offers at $25,000 and $27,000 but the realtor han...
Hello everyone! I recently relocated to Bakersfield a little over a year and a half ago.
I came across this site and was overwhelmed with the amount of information here. Real estate investing has been a strong inte...
While I’m in the process of Learning as much as I can. What are some ways that can start seeing what types of houses are selling? Or which area would be the best to sale in? I work a 2day on 4 off schedule so there’s ...
Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
I went to the bank yesterday and they said if doing the BRRRR strategy they would only give me 75% LTV (if held under 3 years) on the purchase price and the rehab costs. NOT the appraised value.
Example. Buy for ...
Hello,
Our personal residence is Zoned R2 but is currently taxed as a single family residence. This said, we have a separate living headquarters on the East side of our house where Grandma lives...So actually our hom...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $261,000
Cash invested: $9,135
This is a 1978 4 plex building in a nice West Fargo Neighborhood, with the Ch...