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Hi, two years ago, I bought a 4plex for $275,000 . It cash flows about $1000 and has a balance of around 210,000 on it. I've made a deal on a 6 unit apartment 5 minutes from the house. Got it under contract for 289...
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We have a contract on rental #6. Cash out of pocket $15,000, Purchase price $89,000, rehab $23,000, ARV $135,000, capital gain $12,000, 80% return on capital gains, monthly cash flow $463, 37% cash on cash return, tot...
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How much is too much money to pay for a Rental house?
I'm looking at a very nice home in an exclusive neighborhood where the houses are quite expensive, and considering purchase and rehab for future rental p...
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Does anyone here have experience to share with Section 8 rentals in Philadelphia? I am looking to purchase a 3-bedroom in the Kensington section of the city (north of Lehigh). any advice or experience (good or bad) wo...
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Hey everyone, first post here. Ive been listening to the rookie podcast non-stop lately and absolutely recommend it for anyone just starting out (like me). I hear them constantly talking about making sure you do exten...
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We know housing market in Ontario is so heated, are there still some cities when it is viable to buy rental units that an produce positive cache flow with small down-payment (25% or less ).
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Hi all,So I guess I'm just looking for some general advice. I'm am currently screening tenants on my second rental property. I think I had a bit of beginners luck on the first one because they are great and it went ...
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Hello everyone, I want to get started in a career of investing in real estate and I'm most interested in the Buy and Hold Strategy. Any advice and tips are greatly appreciated.
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We have decided to keep our current single-family house as a rental property. We are wanting to update the master bathroom. It is small (6x8 ft) with a current handicap shower and single sink outdated vanity. Which up...
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I have been investing in real estate for about 4 years now and now own 12 rental properties. I do a pretty good job of keeping the units full, but obviously we all have some short term vacancies here or there. Well I ...