became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.

rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)

Per month average over 36...

Asking: $30,900 (assessed for 38K)
Taxes: $1,799
Currently rent: $750

The 2% rule works: 2% of 30,900 = $618

However: at 6.5% my payments would break down as follows:

P&I: $195
Taxes & Insurance: $23...

Please give me your opinion on this property I am considering. It is a side by side duplex and seller is asking for $135k but I'm thinking of offering 125k. Both units are currently occupied renting for $650 and $70...

Hey guys,

Questions at the bottom, some background for why I am purchasing such a house at the beginning.

I am currently trying to buy a homestead and in need of a relatively quick move. For me this requires a 3/2 ...

Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...

Not having any experience with commercial RE I'm wondering if some one with more background in this area can help out.

30,000 sq.ft., 3 story Class B brick office building ,70% occupied with lawyers, other pr...

Hi,

After considerable re-evaluation, I forfeited the idea of investing in a multi-family. It's really too much trouble for me at this stage. Somewhere down the road I will reconsider but at the mean time, ...

What are the best tools used to analyze deals? Best sites to find a ARV detail? Comps? Future initiatives in area? Rental rates in area? Any apps that help with this analysis?

Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907...

Okay, my first dive in.   Yes? No? Maybe?Foreclosure.  Asking a bit over $100,000.  Can probably get for $98,000.  Needs approx $12K to $15K in refurbished.  Nothing "to" major. Contractor 3 weeks for market ready is ...