Hello! I was contacted by a wholesaler with a MHP for sale in the Midwest. It has 6 homes, fully occupied, all take up less than one acre. The mobile homes and the lots are owned by the park.Gross monthly income is $2...
Hi all,
I am looking for my first rental property, and I have created a spreadsheet to work all the numbers out. I will buy in Spain so all numbers are in Euro and the spreadsheet is containing all Spanish circumstan...
Hey guys,I tried to look around but didn't find an answer to my question, so here it is..When analyzing a SFR in Houston (Texas), how much should I expect the following utilities to cost per month?-Water-Sewage-Garbag...
My wife and I recently purchased 2 multifamily locations, with a total of 6 units. We had signed all the tenants to a 6 month lease initially, and we currently pay water. The water bill per quarter averages anywhere b...
This is my first post to Bigger Pockets, however, been following for a while. My market is Albany, NY.You can make pretty staggering net profits in this area. My biggest question now is wait another couple years and b...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $825,000
Cash invested: $11,000
This deal is all about using other people's money and it starts with a previo...
Hello everyone, We are currently having an issue with utility over-usage among tenants at an 11-unit property. For example, one apartment upon inspection had an air conditioner set at 60 degrees and on the max level w...
I primarily manage duplexes, triplexes and single family homes. The units are in great condition and the interiors are very nice though the buildings were built many years ago. The units are all located in the now old...
Quick background: We purchased our first home in 10/2010 as a newly married couple with a FHA loan and as little down as possible. We paid $93,000 and financed $91,764 for the home. The home is a 4/2 with two kitche...
I currently own one rental property in Denver and have been working to purchase the next one in a month or two. It is obvious that the housing prices are through the roof! Anything and everything I have ever learned...