Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
This is a property I am considering purchasing. It is a HUD property and the power is currently off. HUD lists the AC as damaged. I need someone (maybe with a generator) to test the AC for me, and give me an estimate ...
I'm a numbers guy. In my research, I am at a point where I am ready to see "how" the numbers work. I'm interested in SFH rentals and would like to see if I understand methodology of working the numbers... (I'm going t...
This may be me overcomplicating it, but I recently ran into a 5 plex that apparently rents at 1085 per unit. With P&I at 871, does this mean using the 50% rule, i'm cashflowing $1841.5/M (5425/2)-871=1841.5 This d...
I'm a super beginner, just started looking for my first hard money single family flip when I run into this deal. It's 11 doors with an onsite maintenance man, right next to the University of Arizona in Tucson! Problem...
In instances where you purchased from a corporation as-is and they don’t have utilities in their name to be tested in an inspection, is it common to purchase a home warranty for protection? Any thoughts?
@Theohicks and myself our offering on a money making dream of a 4-plex here in Cincinnati. It is a bank owned property that has just been listed at an extremely low price to encourage a bidding war, they've succeeded....
Hello everybody. I am considering putting an offer in on a HUD home in the Houston area. It's a 4 bedroom 2 bath, about 2500 square feet with a pool and spa. Really nice home. It's been inspected by HUD and everything...
Hey everyone, i hope I placed this in the correct subforum and I hope its not considered inappropriate for me to ask for a 2nd glance on this analysis. I just want to make sure I have my spreadsheet correctly made. I'...
I sold 1/2 interest of a ski in/ski out condo (rental property) to a friend of mine who was the other 1/2 owner. We bought the investment property in 1999. My wife and I sold it Jan of 2016. When utilizing turbo ta...