Hi everyone,I am brand new to Bigger Pockets. I have started using the rental property calculator to assess the profitability of a typical 2 family in my neighborhood. Prices here in Riverdale, Bronx, NY are high. ...
Hello everyone,
I'm starting out in rental property investement. There are 3 questions that popped into my mind and I'm sure some of you can help me to find an answer ! :-)
- When buying a property with the goal of ...
I’m in Rochester, NY looking for my 2nd SFH rental. Been searching now for about 6 months and the numbers simply do not make sense unless purchasing with cash, which I am not. Meanwhile the housing prices continue to ...
Hello everyone!Background: Just Bought SFH for rental. The property had tenants. I switched the property management company. After getting some details, I got told by Old PM and listing agent, that only the tenants ha...
Hi experts!Just bought my first SFH rental, occupied with tenants. I closed the deal at 1 June.Apparently (just found out) , the previous owner promised the tenants, half price credit for both May and June (even that ...
Bank was asking $44,900.
ARV= $90k to $105k
Rehab=$25k to $28k
My offer= $39,800
Winning Bid=$54000.
Had to be a cash offer. House is not FHA ready.
This is about offer #14 that I have been blown out of the pond on s...
Hello BP Forum, My business partner and I have about 80k to invest by year's end. Our primary business eats up most of our time (so VERY little is left over to source our own deals). We've done 2 deals this year so fa...
I'm under contract to purchase an REO residential land (vacant, 30 acres) in a prime residential part of north/central NJ. Preliminary approval for cluster development is in place for 12 SFHs, although some permits ha...
Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
Hello everyone. This is my first real post / question so please be gentle :).Basically I want to know if my math on break even point for purchasing points with a refi is correct and if it makes sense to you guys. So h...