Griffin Myers
How do you find house hacks that make sense?
Where I'm located, a duplex in a decent area is going to run you at least $125k. Fully rented, rents in said decent area might be $1500-$1600/month. Taxes in Cleveland are generally high, with some areas being downrig...
Matt McCain
Sell or pay down underwater SFH in Central Washington
Hi there. New to BP. Wondering if I can pick the collective brain on a tough rental I've been wrestling with for years. I bought a SFH with a partner (who still owns half) in Ellensburg, WA over 10 years ago at the to...
Gary B.
Handyman’s working in your property - insurance requirement
Hi there, I have a multi-family property and one of the tenant ready to do a handyman work for me at the property. What sort of insurance I need or he needs to work for me on repair jobs at property?Best, Gary
Justin Broster
First Deal - Need advice/numbers check
I'm about to get my feet wet into investing, and I will be investing a pretty sizable chunk of my savings too. The area is the Indian Orchard part of Springfield in Massachusetts, and this home is a bit above the medi...
Jeff Dimmler
Deciding if this is a good deal
So I am looking for my first property and I have done a good bit of research and decided that going with an owner occupied duplex is a great way to start. I have found a place that seems interesting for my first prop...
Jacques Bailey
Need some analyzing a deal - First Deals, want to make sure I am thinking correctly
21 Unit Apartment Building- Location: Syracuse NY- Asking Price $1.3M20% down for me (I used a 7% rate)- NOI & Cap Rate: $167,623, 12.8%- Built 1978- 95% occupied - 15 x 1 bedrooms, 4 x efficiency, 2 x 2 bedrooms-...
Nicolas Jefferson
Student Housing Expenses
Hello BP, thanks for taking the time to read and help me out!I'm looking at several student houses in my area (currently a Master's student myself, so trying to multi-task getting my M.A. and real estate investing) an...
Joseph L.
Condo with high HOA a good/bad deal?
Hey guys bout to close on my first deal and just wanted to hear some peoples viewpoints.
Purchase price - $45K Condo 3/2.
Cash outlay - 20-25% down with $3K CC/fees - ~$14.250 out of pocket
Revenue - Currently rented...
Feng Ye
insurance cost for older investment houses?
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Ben M.
Are plumbing issues common in 40 year old homes
I am looking at a house built in 1980. There seemed to have been quite a bit of plumbing issues:1) Piping under the bathroom sink of 3 bathrooms had a leak and pipe replaced2) Leaks in the walls behind tub faucets due...