Paul Witte
Help me determine my "walk away" point
I’m evaluating a deal for a buy-and-hold duplex in a stable, desirable area in a midwestern college town. The neighborhood is outside of the typical student rental perimeter around the University. The sale is being ...
Todd Lastname
Purchasing an abandoned house
I found a property that I like (purchased to rent or possibly live in). It is being foreclosed on and will be auctioned at the local courthouse. I purchased a title report and have been combing through the county reco...
Todd Aaron
Another Attempt at Starting Out
My first attempt with an excepted offer ended with a lot of issues found on the inspection and the seller was not willing to accept a lower offer. So I had to let that one go. I ran across several deals after that b...
Kenneth Cheston
First Time Rental Property Investor - Baltimore Rowhouse
Happy Holidays!I'm looking to get my foot into the game by purchasing a "turn-key" townhouse in the affluent areas of Baltimore. Here are some of the key factors. Looking for feedback especially if you are a Baltimore...
Steven Mitchell
DIY-Most common items to fix as a landlord
What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. Steve
Account Closed
First time flipper worried about finances
Hi all -
I am a rookie real estate investor who purcahsed her first two rentals this year. The rentals have been great and the cash flow is awesome. However, I REALLY want to get into fix and flips.
I've had my ey...
John Khadiyev
Buy and Hold tax deductions
I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...
Silvia Ochoa
Anyone worked on a fire damaged property?
Hi, I have my eye on a fire damaged house going for 75k in an area that comps for 200k. The numbers look good but I have never dealt with a fire house. Walls and structure look good but the entire roof will need to be...
Trinh Huynh
Do I need a foundation inspection for a new built property?
Hello,I'm an investor from California. I am about to close escrow on a new built SFH in New Braunfels (North San Antonio, TX). The builder offers 1 year fit & finish & 10 years structure insurance. Should I...
Mehran K.
$55k Duplex Deal Analysis
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...