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So hypothetically if you had the money for a down payment of 25% on a $1m apartment building. Which is $250k. Say it has 15 units, and makes $1k/unit. Could you just straight up invest in an apartment building? And sk...
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Ok, so here is it. First I want to say that I love this web site.. Second "My situation" My wife and I got married about 5 years ago and neither of us were very finitely savvy so after we go married we bought a house...
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I always hear and read about how New Jersey is a tough place to invest but that is all that's mentioned. I live in NY and I'm looking to house hack in either Newark, Jersey City, or the Oranges. What makes these areas...
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So I have $1,500 and a credit score of 568. How would I go about finding my first rental property. I’m a new investor with no real experience. What are some tips and to help me get on my way.
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Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
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Last year I had a contractor walk in the middle of a job with a few extra thousand dollars we had paid them, and it cost more than that to get another contractor in there to complete it.I have a $150,000 project right...
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Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
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Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
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I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...