I'm working numbers for some out-state buy-and-holds. As usual, I'm underwhelmed by the numbers, especially in the Midwest and the South. Man, those are some low rents, even in good areas for good houses.I'd like to...
I am still trying to figure out the cash flow issue. For an investor that doesn't care about cash income from a property, and if total return is good, why does it make such a difference.
For Example: A $100,000 pro...
Hey all,First time home buyer and my dream is to purchase a multi-family, reno and house hack in North Brooklyn. I want to live in one unit and rent out the other unit to help pay off the mortgage, then buy another sp...
I have never listened to a pod cast before.. but I thought I would try one on BP and listened to one last week about a nice young man who is buying out of state and was all excited about it.The really important factor...
In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...
Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
Hello everyone, I'd like to tell a story about a recent experience I had with my agent and would love to hear your input on it. So recently, as of two months ago, I learned about real estate. I quickly realized that I...
Hey BP Community!I work in Philadelphia and Delaware County as a Licensed agent that specializes in wholesale for REI opportunities. As I have been reaching out to potential investors and doing the cold call grind (li...
I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...