I live and invest in Monroe, Louisiana, which has a very high percentage of the population being considered to be low income. I currently own a handful of SFR in low value areas, but not areas you would consider to be...
Hi All!I'm interested in getting your feedback on my objectives and how I plan to achieve them. I'll be terse.Goal: Generate inflation adjusted free cashflow of $8k per month in 10 years. Minimum goal is $5k per mont...
What’s the best way to obtain accurate expenses from the seller for repairs and maintenance of apartment buildings (6 or more units) when it’s apparent that expenses should be higher? I notice that listings tend to s...
Hey I'm looking for someone with short term rental experience in the Gulf. Mainly in the Panhandle area of Florida and the Gulf Shores area of Alabama. I've done some research and there is still some ambiguity. Wonder...
Hi All,
I'm pretty new to the forum and REI in general. Wanted to get my feet wet and get into an investment property within the next few months. Any thoughts, ideas suggestions? Should I wait a little for the mortga...
FHA 203k O/O in a C+ revitalizing neighborhood. C property. Comps are going for 200k or more.Price: 150,000Repairs: ~20,000 rolled into the loanDown: 3.5% 6000Premium: 795/moInsurance: 33/moPMI: 175/mo100 years oldGMI...
Hello BP members,I am thinking of buying a duplex about $120K. CF is about $800/month so awesome right for that a property that low. However, it's not in the best area. Appreciation is not great as I have seen the ...
I'm looking to capitalize on a high-growth area by buying some properties. I have multiple choices and would like your help in deciding which to go after. I have only invested in SFH so far, so your advice on the diff...
I am looking at a 4 unit, 1 bedroom in each unit.
each unit is rented for $415 a month.
Taxes of $3300 a year.
Owner pays gas of about $200 a month.
Some deferred maintance, but a solid brick building.
What would y...