Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Hi All,
So I am still looking for my first deal. I have a customer/friend who has a 4- unit building that is willing to owner finance. We briefly discussed some numbers and here is what we have initially came up wi...
We have had a renter move in a week ago, did a walkthrough of the place, Signed the contract, and gave me the money(security deposit and first month rent) Our contract is a month to month. Since then this lady has co...
Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
Currently in tenant search mode. Have my criteria set. Trying to follow strictly. Had this one family come see the place. Its a modest 3br 1 bath home. 1000 sq ft. Husband wife and 4 kids. Husband has a decent job as ...
Hi BP community,I'm struggling to understand why this deal screams so loudly at me. Hesitancy has gotten the better of me and I'm surely missing something in my analysis here (<-- hyperlink to report). It's a for...
Hi BP,
I am still new at this whole investing. In my other post, I had decided to go for an SFR and aim for an appreciation in Sacramento area.
I have not found a property yet. However, as I was looking around, I sa...