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I have fixer upper under contract with a $30,000 budget to rehab the property with my own cash. I am scheduled to close in about 30 days, and am now in the process of getting cost estimates for the scope of work from...
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Investment Info:
Single-family residence buy & hold investment in Raleigh.
Purchase price: $194,000
Cash invested: $27,500
I bought this property as a buy and hold investment. What I like about i...
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Hi everyone, new investor here. Been learning a ton from BP. Haven’t purchased my first property YET, but want to do so asap. I want to lay out a scenario for anyone looking to give some advice to a newbie! I’ve decid...
So I have one income property only so I’m new to this. It’s a detached duplex so basically a mother in law suite. 1/1 with laundry unit, their own electric meter, water meter and tenant pays all utilities. I’m in brow...
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I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?
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Economic Update
(Monday, June 28, 2021)
Should Investors Wait Out this Crazy Housing Market? I know. I know. I feel your pain. You’re an investor. Investors buy and sell properties. You’re chomping at the bit ...
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Hello BP,
One of my renters is becoming more and more of a total thorn. I made a huge mistake giving them my cell phone number too. Texts every night about little small issues. For instance, she texted me tonight as...
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Hi,
I'm not sure if anyone else is going through this in Los Angeles/Moreno Valley so I'm reaching out if this is normal. I have a 2000 sqft home with 5 rooms that's currently being rented out by tenants. Utilities a...
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Has anyone ever hear of a business called Phoenix FCE Capital Limited, they are suppose to be a private investor/Angel Investors. I got an email from them saying they can help me with 100% Financing, which sounded...
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So, I'm purchasing my first single family as a rental. East Providence, quiet B neighborhood. 3 beds/2 bath. I'd say that the unit is C+ or B- quality, with the nicer homes in the neighborhood being the owner occupied...