Hello, I'm thinking about purchasing either a coin operated car wash or laundry with good financials. My concern is that they are harder to operate than it looks. The laundry mat is in a mid-low income neighborhood ...
Or am I just a mental case? Haha...I currently have my own property maintenance biz which is currently in a slow spot. I have some money in the bank and am desperately trying to figure out what next venture I should p...
Hey all, I am planning to start a small coffee shop in my city. I am a big fan of espresso. So, I thought why not sell it. There is great happiness associated with doing a business that you like. But the thing is, I a...
Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
Real estate investing is often about maximizing positive cash flow to produce the best possible return on investment. We can increase value by increasing cash flow.  Here are a few ideas that I have that I want to sh...
I recently purchased a business and the building. From the cashflow of the business (one entity) I pay rent to my other entity that holds the property. The property was appraised for 350k and was bought for 300K. I li...
Hello,
I will be closing on a duplex purchase next month. Everything looks good so far. I am making a list of things to do after closing.
There are 2 washers and 1 dryer that will come with the purchase. I wanted ...
I have a property in southern Maryland with 10 single family homes (around 950 sqft each, most 3/1) on 5 acres. It's my own little community as its in a pretty rural area. The homes are roughly in a circle with a smal...
Good morning BP nation! I'm looking at a duplex as a buy and hold property where I would not live in either units but would be the PM.
Purchase price $150,000
20% down 30 year mortgage
Initial ca...