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I've been trying to purchase a rental property for the better part of a year now. It just seems like anything available on the market never works when I really look at the numbers. Here's an example of a current place...
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Does anyone know of or have any thoughts on finding properties with high cap rates in Colorado?
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So finally after evicting the tenant I have spent almost $8000 refurbishing the place to get it ready to rent out again. For e.g. all the doors were ripped out and the walls were filled with pen marks. I am going...
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I live in San Jose and has to plan to stay in the city for another 6-7 years. Is it a good idea to buy your first ever property as a out of state property as home prices are very high here. Due to recent changes (beca...
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I recently sent out my first direct mail campaign and I found a motivated seller right off the bat. She is out of state and not making payments on the house. The bank has moved in and winterized the property but I d...
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Hi all,Thanks to BP I'm just about finished with my business plan to get serious about investing in real estate. My current holdings:SFH - Primary Residence: 85% LTV (10% conventional)SFH - Rental property: 84% LTV (F...
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Hi all,**Let me first preface this by saying that the beginning part of this is going to sound like I'm just an inexperienced renter, but please read on, I promise it's a very unusual situation and a problem to which ...
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Now its a year later & I have DEppreciation on 2 of them & negative cash flow on ALL of them although all 3 are rented!
I made the typical newbie mistakes of thinking prices would continue to rise & not ...
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Hello BP!
I am currently running some numbers for my first deal, a house hack, in Denver, Colorado. I've found some great duplexes is areas that I want to live in as a young professional. The problem that I am runnin...
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Ok BP community, I'm 26 years old, and I recently inherited some money $350,000 to be exact. I'm in school for Finance. I have no income and a credit score of 720. little credit history. I live in NYC (with mom) so th...