I had a "Future" tenant walk through one of my apartments with me. She looked everything over and decided she wanted the apartment. She paid $475.00 deposit and $475.00 rent for the month of July. I just got notice fr...
Im running into a problem of seeing how I could possibly make any profit margin on this property. I’m looking at a rental property to invest in, very good location, but how would I have any room to make money?Condo: 2...
Hey everyone. My name is Mike and I'm currently at the tail end of my first flip. I'm 31 and just started my REI business in the Hudson valley NY. A lot of things happened to bring me to this point but long story shor...
So I just put a 4 unit building under contract, but am having second thoughts. I've purchased 3 other investment properties before, and sold 1 of them. So I'm not necessarily new, but far from experienced.The property...
Good morning! I currently own a rental property in Minneapolis. Single family, 3br 2 bth. Our current tenant is leaving at the end of the their lease. I am told by our current management company we could increase ren...
Hello all. There is a property that I want to look at that has been under contract and back on the market twice already, listed at $265,000. It is in an improving area, right next to the waterfront and downtown, and...
Hi,
I am new to this blog as well as the world of investing. Here's my scenario:
I am looking at a condo which is priced at $200k in Thousand Oaks, CA.
I have $10,000 to put down in this investment
That leaves me wit...
Hello BP,My first 2 properties (and my only 2 rentals), are both breaking even on cashflow after I account for Vacancies, Repairs, CapEX, PM etc. I don't consider it a loss because I have learned a lot from both. The ...
I'm looking to purchase my first investment property and need help figuring out a strategy that will work for me. I have about $300k in equity (based on a BPO performed in July 2023) but no cash. Whatever I do, I woul...
Payed an arm and a leg in taxes this year (I know not a bad problem to have) and want to reduce the cost next year. If I purchase a property which will break even at best and possibly cost me a bit can I make up the d...