Hi all, I need some help analyzing a potential deal. I will provide the basics of the scenario:2 properties for 1 price: Sale Price : $56000 vs $50000 Total rent : $1450Vacancy (8%) : $116 (although both properties te...
I recently moved back to Rhode Island (Cumberland) from Boston and am extremely happy to be back. I am looking to purchase a triplex in the next 6-8 months. I have a small amount saved and want to save a little more f...
New to the forum, but not a total newbie. I wanted to hear people's opinion about housing market around Bay. I've been looking into Brentwood, CA which seems to be last area with house prices that make some sense. Mat...
Hello,I am a new investor and am ready to buy my first two family property to rent out however the pandemic is holding me back. There is a lot of government assistant to help tenants to essentially not have to pay the...
In Good areas of CA I’m seeing some opportunities in potentially buying condos. Wanted some input from people that have bought condos that have HOAs. Are condos better for long term maintenance costs? Benefits of an H...
Hey Guys!It seems our tenant kept unauthorized dogs at our property, and there are extensive pet damages to the house (flooring, fence). We think the repairs will SIGNIFICANTLY exceed tenant's deposit. Of course, we w...
I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...
Folks - When buying from turnkey provider, if the appraisal comes lower than list price, is it still worth buying the property if the other numbers make sense?
I wrote a very detailed story that just went *poof* so this time I will write in installments. This is a story form my earlier , very nieve, years in landlording. There needs to be some background so the context can b...
Happy 4th everyone!Given the extremely varied opinions about investing in Turnkey properties on this forum - specifically, on whether they are actually profitable long term. I kindly request if you have owned your Tur...