Michael Truman
Need a CPA
Hello BP'ers !I'm currently under contract on my first investment property and will close on January 12th 2024. I live in Virginia in the Hampton roads area but have went under contract on a 6/2 2700 sq ft house in El...
Account Closed
Owning property free and clear
I certainly understand the benefits of "in depth" analysis such as calculating an IRR and selling at the highest ROR. However, I've somehow convinced myself that I'd rather own as much property as possible and for the...
Darwin Crawford
First commercial property....
Gang,Been reading this and the MFH forums a lot lately. I've got 4 SFR rentals around scottsdale az, and stumbled onto what I think is the unicorn of investments - a poorly run commercial building, cheap-ish, within ...
Account Closed
Airbnb property analysis
Total newbie here to Airbnb. How does one go about analyzing the numbers on a potential airbnb property? How do you estimate expenses for cleaning etc? how much potential income it will generate? are there any calcula...
Troy Studer
First Time Investor (Property Analysis)
Hello,
I am a first-time investor looking to buy a local Duplex.
The home is posted at a listing price of 134,000. As is, the home can rent conservatively for $900 per unit. The property requires no major CapEx in ...
Terry Drake
2/2 FSBO or for rent. Owner Financing
I found a house with a sign that says For Sale/Rent Owner Financing. It's a 2/2 built in 1984. According to my software they purchased the home in 1999 for $80k and it's FMV is 132k.
I am looking to assign this con...
Cameron Ysidron
How many persons should I try to bring in to this deal?
I recently came across a 16 unit multifamily complex that has some pretty attractive qualities. I am extremely interested in pursuing this property, but I have little capital until I graduate and start working in May....
Paisley H.
Deal Analysis Help - newbie!
I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
Sean Ryther
Would someone double check my numbers on this property for me?
BP community,I'm looking at getting into my first rental property and have a duplex I'm looking at and ran the numbers and wanted to get another set of eyes on the deal.The information is on the below linkPrice - 195K...
Tom Wolfe
Would You Buy This Place?
Hey Guys,First time on the forum and I just wanted to see if you think this would be a good buy for a long term investment.Looking at a property in Grover Beach, California.Its 600sq ft with a garage. Built in 1950. 1...