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Ok, I bought a investment about 4 years ago. I paid 30,000 dollars for it, put in about 25,000 for new roof, furnace floors etc. Essentially a complete overhaul of the house as it was a foreclosure. My friend who is i...
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What is a standout factor that will immediately turn you away from analyzing a fixer deal any further?
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Anybody know what the multi-family cap rate is in Las Vegas, NV?
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SFR small, inner city, little potential for appreciation. Over the years tenants have paid it off. Problem is I just put 5k into repairs-windows, carpets, drywall etc & now I find out it needs a complete plumbing ...
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Hello all,I havent been on here for a while due to the overhaul of work college has so gratefully planted on me, but I think its time to start focusing on what makes me happy again. So it has been One full quarter sin...
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Doing some estimates, I think I can get rental-ready this month, but finances will need to be crunched. What are the tax benefits on 60k invested into a single family home that I plan to rent out? This is my first re...
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So, I have been shopping around for different deals that I can find within a 3 hour driving distance from my current location. And, now I think I have one and would like some guidance. I have little if any money for t...
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Hello BP Legal Minds,I have identified a distressed property with a distressed seller on the Lake of the Ozarks. It is in need of a complete overhaul, but the VP of the HOA said that short-term rentals are prohibited....
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Hi BP Family,Curious about a situation I may not be understanding clearly.If you purchase a Turn Key STR using a 2nd Home Loan (Vacation home 10%), how do you get your initial investment out? (10% DP + $10,000ish in n...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $430,000
Cash invested: $52,000
5 bed, 2 bath Single Family home, 2400 sq ft. This home was very unique in that it...