Hi everyone, I’m trying to acquire a property in Albany, NY. Do you think I should go for it based on the numbers below?The property price is $205KTotal Monthly income from the 3 units: $2,583. Monthly expenses: $2,32...
I am buying my first rental property and am looking into hiring a property manager. The property is a 4-units, 2bed-1bath multifamily, located in a more depressed area of the town, so many of the owners in that area s...
Like most newbies I have very little money to work with on starting out, but I am very good at marketing, getting leads, and working on negotiating and closing.After feeling out the seller, figuring out what their bot...
Hi all. I'm new here and have a case study I'd like your opinion on.I currently have a single family home in Aurora CO 80015 that I bought for my mom to live in as a first property, but it's gotten to be too much for ...
Hi all, hope this finds you well. In need to generate $3k+/month net positive cash flow and willing to invest upto $600k in multi unit properties. I have one SF in Cali that i manage myself however thinking of going o...
Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing te...
I'm analyzing a MHP in Idaho, it's a 10 space, 2 park owned homes, 2 vacant lots, city water/sewer (tenant pays), and below is the pro forma. I'm using conservative numbers when analyzing this deal 40% Rule for the ex...
Hey all:I have 9 single family homes as rentals. I stay within a basic protocol of 3 bedroom starter homes that I can easily sell one day when I am ready to move on… That said, I am looking at a few condos (that wer...
Hi all, We have been looking through a ton of properties and listing to every book and podcast. I have heard the words war zone constantly and I’m nervous about it because I feel like we might be on the edge. Not on...
i have a acquaintance that was diagnosed with cancer this week, prognosis is terminal, life expectancy 6 months. He purchased a home 3 years ago, so there is little equity in the property, likely around $20,000.00. T...