Hello, new member here and beginner investor. I'm in the St. Louis, MO metro(out in the suburbs) area current business owner(non real estate related). Looking to get in real estate. I do have a background in mortgages...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $25,000
2/1 on 3 lots = 0.35 acres in Lawn, Texas - population 353.
Rehab budget $10,000
Doi...
Hey all,
Long time reader, first time poster. Looking at buying a home in Philadelphia that needs some work and would appreciate some more experienced eyes going over the numbers.
896 sqft 2/2:
- Currently has cent...
Does anyone have any creative ideas regarding materials and/or construction techniques to avoid the plain vanilla vinyl skirting? I think I'll try painted 1"x6" boards with a 1" air gap because I have an abundance of ...
Hi guys,
I need some advice on a deal in looking at.
I'm considering to buy a fixer upper. There was a fire in the house at the entranceway. I would like to inspect the utilities and the electrical before closing o...
I have a question and I am completely new to purchasing commercial property, or investing in itself for that matter. I am a retired US Air Force Veteran and want to try to purchase a commercial building with multiple ...
Hi all, great forums here at BP. I have learned tons of stuff. I have my first wholesale deal working. Heres the numbers.
ARV: 60,000-70,000
Repairs: 5,000
My offer: 28,000
Its a 3B/1.5B and 975 Sq/Ft. (originally)
...
Hey all!I’m curious what others would do in my situation. I have a rental condo that has a broken HVAC. The building provides heat/coolant. My HVAC is simply an air handler that blows hot and cold depending on what se...
Hi all, I own several properties and this June closed on my first commercial property, a turn key short term rental 8 plex. My wife and I have completed remodeling our single family home and found a house we really w...
So, I have 4 rentals and I compiled my totals for the last 3 years and I had 1.9% average vacancy rate. My maintenance costs (including cap x) totaled 8.6% of revenue.I know my vacancy rate is a bit lower than averag...