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I’ve noticed that sellers in today’s market really don’t want to lower their overinflated listing price. It’s becoming more difficult to find good deals. I found this one SFH listed for $95k in a neighborhood where al...
Small town NC. Building from 1940s, divvied up into 8 apts - four 2/1, four 1/1. 7 are already rented. list price is $95K, but hoping to get for less. Local Bank will do 75% @ 5.5%, 15 year amort. w 5 year balloon, ro...
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6 fully occupied duplexes, cap rate 8.5%, tenant pay electric & cable. Room to build a few more duplexesWhat is wrong with my number? If seller said 8.5% cap rate, maybe I put expenses or too high? property tax se...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $107,600
Case Study: Cockroaches to Cash Flow
Property Acquisition
I found this property thr...
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I’m an out of state investor (NJ) interested in the Midland and Saginaw markets. I’d love to get some recommendations on local realtors and PM’s that service the areas. I’m looking to buy n hold and probably start w...
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Hi all,I'm doing some research on mobile home park investing and not sure where to look. How does one estimate the cost of annual taxes for a mobile home park? Is the amount listed on the county website, similar to SF...
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Last year, I rented to a woman. Her daughter is studying at a college locally and lives on campus except for summer. She and her daughter are wonderful tenants. The woman's new lease is coming up for another year. For...
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Looking at a set of #4 four plexes built 1980 in Marion, IA - each unit is a 2 bed 1 bath 700-800 square feet. Here's the numbers.
Rent: $549 per month per unit (their numbers say $585 I think they include...
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Hi! Wondering if there are any rules in the Chicago tenant ordinance that says tenants can request for photos not to be taken during a semi-annual inspection. We are not taking photos to list the property. We just wan...
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This is my first time analyzing property and would appreciate some feedback on my analysis. I have an email out to realtor for the comps and est ARV. We are looking at this as a possible buy and hold. The house has ju...