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Looking to purchase my first duplex in Gainesville, FL for a rental. Duplex is in "Phoenix" subdivision of 32608 area code. I would say C-/D neighborhood.I need everyone's input on a deal that I'm in the process of ...
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Hello BP Team!i am considering buy to hold...I have been looking into some distressed properties in Central to North Florida . However, how do I determine the marketability of a property? I just used the BP rental cal...
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Hey All,
Been doing a lot of research and trying to wrap my head around the idea of the BRRR strat right before a recession or economic downturn. I know it'll eventually happen, but how would the numbers work out?
I...
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Hi everyone! I am currently 22 years old and I am planning on using my FHA loan to buy a multifamily home within the next few years. I am curious to know how much money, BESIDES the downpayment, I will need. My main q...
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I have been reading a bit, and it sounds like some folks automatically raise their rents about 5% each year. Is that pretty typical? What do you all do?
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Hi investor community,I have an opportunity to get around 20 apartments in a handful of smaller markets in Texas (Lubbock, College Station) and would like to list them as corporate rentals. I have a few of them liste...
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Hello,I just bought a house and was thinking of renting two of the other rooms. I was thinking of making rent all inclusive with rent, utilities, cable, internet, cleaning services and household common area shopping( ...
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I own a 10 unit building in Oceanside CA. Along with my property manager we noted instances were residents are clearly being wasteful (washing cars, not reporting leaks, multiple occupants etc.,.) Where practical, w...
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Hi,
I have potential to buy a condo that rents for $450-$600 per month now for $20k. I'd like to know if this deal pans out:
Gross Rents: $500 per month (average)
Operating Expenses: $250 per month
NOI: $250 per mon...
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I've got about $40k in cash that I would like to tie up into rental income. The neighborhoods that I'm familiar with don't have anything close to this price range. I'd like to buy something outright and not have a mo...