I've currently got 7 single family homes 3 are rent to own the others just normal rentals.I started 3 years ago, I'm making slow progress, Ideally I want to be a business owner with a system that keeps me from working...
We just purchased a home July 2nd with an FHA loan. Inspector said minor things were wrong eith the house and mostly cosmetic. There were definitely things that we were prepared for the seller to fix for FHA approval....
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $55,000
Contributors:
Gregory Crane
Sourced on the MLS. Partnered wi...
We had one of our homes burn down in the LA fires and are beginning the process of rebuilding. We have found a builder who seems great, has built a lot of homes in the area (malibu, ca) and have checked all of his re...
Greetings from Minne-SO-Tah! My husband and I are wondering if we should hold or sell our rental property. Looking for some other opinions. Purchased in 2015, lived in half of the duplex and rented out the other half ...
I am looking at properties in San Antonio and Indy areas for now. Most of the multi unit or apartment/commercial properties are very old. Some good ones are 1900, 1920, etc. I am rarely seeing any thing newer than 198...
Hi BP community!Have others found resources in your state/city that have provided explicit guidelines for landlord responsibilities for keeping items up to code? I’m trying to plan for an older property that I’ll swap...
I’m looking at multi family homes in the Cleveland, Ohio area. Some of these homes were built in the early 1900s, but the cash flow is great. The cap rate is about 7.9 - if my numbers are correct. Looking for a little...
Hello,What parameters should I consider while investing in properties that show construction date to be between prior to 1950? I am worried about unforseen CapEx (2-3 year down the line) which would eat up the cash-fl...
Hello BP community,How much do you allocate monthly for capex (capital expenditures) for single family homes.I need to know how much to allocate on average for a portfolio of SFR's that was built after 1970.Thanks!