Hi guys,I have been doing SFH for a couple of years now in Idaho, Tennessee, and Alabama. I am interested in starting to look for small multi-family (2-4 units) with a business partner who hasn't used any of his conve...
I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
I have the opportunity to buy a mobile home park where I live. It has a lot of potential, but I just don't know if it is a worthwhile investment as is. It has 10 mobile home spaces and 6 rv spaces. It only currently h...
Im the investor thats been reading books, listening to podcasts and constantly searching for deals but has yet to pull the trigger over the last two years. Finances are finally in order and Im ready to make my first p...
Hello. I purchased my first rental property in February in Spokane, WA. I secured the loan in my name and formed an LLC that I wanted to put the property in. I happened across an article on the internet regarding an "...
Is mobile home investment a wise choice for an initial real estate investment?
Hello BP,I am in central jersey and trying to acquire my first property. Property is built 1970's. It is very clean inside and the electrical and plumbing all seems to work. No mold in sight and structurally sound. T...
There are some small holes under the bathroom sink. It's one of those cheap vanities that's made of particle board (or maybe just wood?--not sure). Can this be taped and spackled the same way as drywall? Or is there a...
Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expec...
Do you use your real estate income to finance other non-R/E investments or you just raise capital for the non-R/E investment you want to jump in?
I use some of the real estate income to finance other investme...