Hello, I'm new here and also new to real estate investing. I'm looking at a property in inner city with a pretty big backyard (an around 1800 sq ft backyard; small for suburbs but already quite large for cities). It's...
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Quick question for those of you with some experience in the Kansas City area. I am looking at a triplex in Independence, MO, however its an older converted residence and it has three one bedroom units.At first glance ...
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Hi BP community! I have a plot of land that I am looking to do my first build (to sell). I just read through J's Diary of a New Construction Project, and am currently trying to figure out whether to begin the process ...
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Hello, I am planning on buying a property in Independence MO for a buy and hold (as an OOS buyer). I would like to ask if anyone has worked with Mackaylee Beach ? #1 cash flow source before? I understand she was affil...
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I own and manage several SFR and have some interested tenants (roommate situation) who meet my screening criteria (good credit, income 3x rent, great references), but none of them have solid work contracts. One makes...
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On July 4th it's time to re-declare your independence. There will be an organized demonstration in Washington D.C. The people who brought you the April 15th Tea Parties have teamed with http://www.freeandequal.org/ ...
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With rents rising and the "silver psunami" approaching, has anyone heard of renting out rooms to 55+ to individuals living on a fixed income, don't yet need assisted living, but can't afford those pricey independent l...
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The cash flow numbers work, but all of my other buy & hold single family homes have been in much higher income areas. I drove around the area this afternoon, there are builders building nice new homes there, but n...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $126,446
Cash invested: $1
Sale price: $245,000
14609 E 39th St S. Independence, MO 64055
Beautifully remodele...
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So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...