Just purchased my first home, small investment property with the goal of flipping or renting in mind. Got into the home for as cheap as possible, in order to save cash for property number two. After all the paperwork ...
Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
Hey folks, just wanted to share my fourth eviction experience in over 2 years!!! I am starting to gain a good understanding of how evictions work in CT. Although there is still much to learn, I have been lucky so fa...
I am purchasing a home and financing the rehab with a partnered developer who manages the entire project. Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit befo...
Hi all, this is a hypothetical question I have for you investors/landlords. Obviously, people have work order requests come up, and most of the time, its pretty reasonable requests that do require external assistance;...
Hi Everyone, First, thanks to those who advise me to refinance our old primary to buy a new home. We just finished refinance and use it as the down payment for a brand new house, and it will be closed in couple days. ...
So we want to go for deal #2 but there is a problem, the neighborhood we want doesnt have the right house on the market. I know exactly what I want and know the 25 houses in the neighborhood that has what I want. So I...
I recently got started with my first property. I don't have a lot of contractor connections and know that I am not very handy. I don't enjoy it and know my time is best spent in other areas. I used HomeAdvisor and got...
I'm curious to know how many of you have noticed that same sort of thing in your area: in mine, there are three kinds of rental-property investors. The ones who read this website compulsively, the ones who have logged...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $143,000
Cash invested: $37,000
This is a beautiful, 4-unit apartment complex in a stable rental market of K...