My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Hi, I've been searching for an investment property in Branson and other areas. However, I couldn't find one that offers a good return in terms of cap rate and cash-on-cash (CoC) — the prices of homes are very high. I'...
I have a 4-plex, C property, 2/1, built in mid 60's on a slab with very little insulation. They currently have 30 gallon low boy electric tank heaters located in the kitchen. I'm thinking about making the move to el...
Hi B/P family,So what if you were about 95% complete on a flip and you needed about 4k to complete, what would you do besides private money? Its a bit of a dilemma because you've made it this far and you dont want to ...
According to statistics, 60 million people in the US live in condos, that's around 20% of the population. Many people here on BP seem to be anti-condo. And there are cautionary notes about condos that don't apply to...
Hi everyone,Thus far, my first investment has gone well (fingers crossed). I've got a wonderful tenant in the other side, a safe, stable place to live, and in a wonderful surprise, prices in the neighborhood have ris...
Hey guys - I'm having trouble selling a spec house I recently built and was wondering the best way to market it. It's located in a middle-low income area with the average home price(used) being around 170-180k. We ...
Hi Everybody, I'm pretty new to this space, but I've been researching this year in preparation to make my first purchase in Winter 2020. I am in my early 20's currently renting right now, and my plan was to move into ...
Hi all,
I am a first time investor currently purchasing a two-family home in Clifton, NJ. I am currently under contract with the last step being to obtain a Certificate of Occupancy from the town. The current Clifton...
Background:So I just got a tenant in my 2nd rental property. I closed on May 23rd, 2013. Tenant moved in on July 19th, 2014. There were some things I had to take care of: change front and rear door locks, replace m...