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Just put this under contract yesterday for $62,500:209-211 N Randolph St, Indianapolis INLooks like a 3/1 duplex with about 1700 sqft each side. Looks like it was bought as a turnkey rental in 2013. Each side is curre...
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So,I have my first meeting with a seller this Saturday to get my first property under contract. I have no idea on what to expect or what he expects from me. Is there anything special i should do or say. I don't want m...
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Hi,I am new to the forum and new to real estate other than my office building for my business. I thought it would be wise to have opinions of those more experienced than I am. So, I pasted the basic cash flow from a s...
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7700 - 7702 NE 3rd Ct Miami, FL 33138Strategy: Value Add Investment / FlipAcquired 4/12/2016 for $230,000Mortgage: $161,000 (private hard money lender)Down payment: $69,000Sold: 7/14/2016 for $324,000 (92 days after a...
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Bought one acre of commercial land beside a high school which has about 3000 students and 500 staffs at San Antonio Texas. I am planning to build a 10~12K sqft strip with 6 units, which type of business will be well f...
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How important are garbage disposals for fully renovated apartments with fully renovated kitchens, granite counters, porcelain tile floors, dishwashers, pendant lights? I'm just wondering do prospective tenants even ta...
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Hi BP Community,
Need your input!
Save to afford a project in Austin, TX? - High appreciation potential
Start buying rentals in Killeen / Copperas Cove / Harker Heights, TX? - Positive Cashflow, guaranteed rent if ...
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I'm asking these questions now because I've learned to ask questions from those who have been before me.
To not monopolize your time I'll cut to the chase.
Personal:
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Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...