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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 ...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...