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I have opportunity to purchase a single family 3BR 1.5 BA 1610 Living area with a tenant already their paying $900 per month. The asking price is $65,000 for the property. I have a banker that will do a 100 percent fi...
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I am looking at my 1st multi family deal (8 units) The sales price is 430,000 with a NOI of 36k......I am figuring 5000 unit in rehab, figured into the loan amount. Net cash flow is 12,847 with a cash on cash return...
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Hey All,
I'm trying to get started in investing and, since I have a full time career that I enjoy and pays me well, I'm not really looking to have REI be my new full timer.
I've seen various deals that all sound fai...
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Hello, I am looking to get some expert opinion from the real estate investment pros.I am looking to build a portfolio of 10 to 15 properties over 2 years. I already have purchased 3 properties. I am not able to get lo...
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Hi Everyone,I have 4 Hot Water Heaters that look like they need replacement in the next couple of months.I would appreciate any reasonable solutions from other landlords & property managers.Question: Are the Water...
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Hey everyone.
I have been looking at this site for months now, but this is my first post. I am about to close on my first house this week. It is a Fannie Mae property but I am paying cash for it. (Borrowing the money...
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Hi; I just bought a 2 family home with the following numbers; Purchase price $70,000Down payment 25% Total cash paid: $26,0002 family home, both occupied. Rent collected : $1575Total expenses (mortgage, utilities, ta...
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Hi everyone,
I would truly appreciate it if someone could analyze my numbers to see if this property is a winner. I’m considering making my first offer; this is my first Single Family property analysis. My RE str...
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We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.Would there be any tax advantages to starting our own property management...