I found a deal the other day that looked like this:
$100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.
Whats the problem, right?!
This house n...
A friend of mine recently bought in Las Vegas. He sent over some zillow pages where condos with $800-$900 current rent are asking around $100K. This is yielding about 9%! Even with $170-$200 HOA this seems too good...
Hi everyone! I’m a new investor looking to get started on my first property. I live in a very expensive market (NYC) so I’m evaluating long distance markets as a place to get my feet wet on a smaller deal. I’ve been r...
As the title states; How can the credibility and reliability of a syndicator be judged? What assurances does an investor have that the general partner won't "take the money and run"?Trying to avoid a Madoff ponzi sch...
I realize there's no "right" answer to this question, so I'm just looking for opinions or angles I haven't thought of.We owner occupied a duplex a few years ago in the SF Bay Area. We've since moved to North Carolina,...
Hello BP! I want to post today to hear some of your opinions and perspectives. I want to hear what you guys would do if you were in my position, or for anyone that is in my position what have you been doing to help yo...
I am looking to close on my first rental duplex in the austin area. Its slightly under the 1% (0.84%) rule from a rental income POV however one of the units has a long term disabled tenant and is in pretty bad shape. ...
I've just started my search for 10+ unit MFRs.
I've set my criteria at an 8 cap in B areas.
Is that realistic or do you think I'll have to reset my expectations?
I'm looking in multiple out of state markets, but I'...
Hi BP community! I'm looking for some guidance on house hacking. Background:I'm in the DFW area and preapproved for 300k at 7.25%. The houses in my area that could work (3bd 2ba) are at the bottom of the market around...
I am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a...