Tyler Lingle
Does house hacking still work?
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
Alex Martens
Seeking advice on brother living in our multi-family property
Hi BP community,I hope this post finds everyone well. I'm looking for some opinions on me and my brother's situation. I am looking to buy my second property (ideally a multifamily), and coincidentally my brother is lo...
Bill Schultz
numbers on this property
I am looking at a 4 unit, 1 bedroom in each unit.
each unit is rented for $415 a month.
Taxes of $3300 a year.
Owner pays gas of about $200 a month.
Some deferred maintance, but a solid brick building.
What would y...
Cornelius Jamison
Setting up my 1st Rental, New Orleans SFH
I recently closed on my first rental property! A new build SFH in New Orleans, Gert Town near Xavier Univ. I am thrilled to have been able to purchase this property and ready to make it a success. I'm getting the prop...
Jock Tilghman
How to Analyze my first duplex numbers?
I’m new to Real estate and have an opportunity to buy a duplex for 440,000 in the local dallas area but before I make any decisions I wanted to know the best way to break a deal down so I can create cash flow.
Gary Grant
Hard Money Lender for a property that I Rent
I have lived in the property that my landlord wants to sell right now. I have done my research on the property and there is cash flow coming out the property. The property is generating $2,050.00 per month. The mon...
Chris Stephens
2020 The Year of my Crazy Luxury House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,600,000
Cash invested: $550,000
My personal residence. I rent the basement and the DADU in the back for a...
Diego Santiago
Brrrr calculator analysis
Hi guys I’m a rookie at this and I have spoken to an agent before I make an offer tomorrow I want to cross my T’s and dot my i’s.. in the brrrr calculator I have a favorable report, however I want to make sure I’m inp...
Greg R.
HELOC for downpayment - means 100% financing - too expensive?
Hi all,
Wrestling with making sense of HELOC as viable option for financing..Current strategy would be to buy and hold cash flow + rentals. I have been planning to use HELOC to fund down payment, then mortgage to co...
Jessica H.
Unmetered water estimate
Hi, I'm trying to estimate the cost of unmetered water for a 3-unit and arrived at ~$750/month. This seems a bit too high but I also could be estimating incorrectly since I found the terms in the Municipal Code of Chi...