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I bought a unique 90 year old property in the East Capitol Hill/H Street area in Washington DC in 2013 for $710,000 for my primary residence. It has a basement that can be rented out, so that income was perfect for su...
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If your thinking of starting to flip fixer uppers, buying your first buy and hold, or your just starting out in RE investment. It would be best to put those plans on hold for at least a few months. Just wait and see w...
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What would your offer be, rough estimate?What would your P%I be ?21 units total gross yearlyincome 201,6005% VacancyExpenses PM 10% of gross ?Taxes 32k yearInsurance 16k yearmaintenance 10 % of gross ?Common area util...
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I am looking to turn my SFR in San Diego into a Triplex. This has been some planning in the stages for the past several months and I am looking to possibly break ground in late September/October depending on permit ap...
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What extra precautions would you consider now when buying SFHs for buy/hold? We have a deal of 13 SFHs with a 30% ROI after taking the following allocations: - 21% towards repairs/vacancy/capex,- Paying taxes and insu...
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Hey ya'll,
I’m looking for some general advice here on what I should do, I want to buy my first property here somewhat soonish and I’m trying to determine whether to pull the trigger ASAP or if it’s better to wait, a...
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Note: Been pounding the table to BUY SMART any real estate since 2010. Keep buying SMART.There are literally TRILLIONS of cash dollars laying around in the BIG BANKS, businesses, etc. The inevitable WALL STREET GREED...
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It's still just over 3 weeks away, but questions are already ramping up regarding the impact of the Fed's rate cut on mortgage rates. Here is exactly what the rate cut itself will do: NOTHING!
The easiest way to und...
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My first rental is now 10 years old. When I first purchased and remodeled it was at a little higher standard then most in that area because I could see it was changing. It had a higher rent and usually rented in days....
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I'd like to solicit the collective wisdom of BP for advice on deciding between two scenarios to invest a small windfall. I have an existing cashflowing duplex with great tenants, and I live w/in earshot of, w a note ...