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Im beginning to look at properties and every time i go over the numbers. Six families just make more sense then owning multiple threes. Am i wrong?
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Hi BP, I discovered the podcast recently and decided to check out the community. I'm a lawyer in DC, but most of my family is in Florida, which is why I invested down there. I come from a family of contractors and...
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I have two main questions:1. What is your average profit per house?2. What is your method of delegating work? Do you do it all yourself? Hire everything out? Do you use contractors or handymen?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $57,000
Cash invested: $20,000
Bought a SFH that my grandfather built back in 1973. Fixing it up myself and hiring...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $275,000
Cash invested: $300,000
Sale price: $730,000
Deconverted a two-flat into a luxury single-family home. ...
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Hello guys, I am looking to purchase my first home in New York. Its a short sale for $420,000 with 4 familys. The following is the monthly rent role... 1br = $12001br = $9401br = $11002br = 1433The total rental income...
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Found a 1.15 acre lot with five lots. The property is clear now, but it once had 3 mobiles on it. The seller wants $31.5K for the property, but would probably take $25K cash. Lots could sell individually for around $8...
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When calculating CapEx as a percentage of monthly rent, what would be a good conservative value for:- A fully rehabbed property- A property 20 years old with 'mostly' original equipment Also, do you include this value...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Duplex built in 1964, 3 beds/1 bath up and down (rare find for duplexes in the area).
What made you interested in investin...
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Is this a good deal or not?
Memphis, TN 39118
3:2 SFH
Built 1970s but full renovation to include roof, HVAC, floors and more costing about $35k in 2015.
Currently rented for $915. Market rent is around $950 to $99...