I am currently a week from closing on a fourplex. Last week we had the inspection and some issues were brought up concerning the roof. This is a flat membrane rubber roof. I just had a contractor out to bid on the roo...
Good reading
http://news.yahoo.com/s/bw/1106b4214044575550
As their holdings of unsold homes increase, Fannie and Freddie eventually will need to drop prices and turn to investors, analysts predict
The bottom line:...
Hello everyone,
I'm currently finishing up my last semester at the Naval Academy in Annapolis, MD and then getting married in early June. Once I graduate, there's a high chance I will be in the area until sometime i...
Hello,I have chosen to invest in Milwaukee, Wisconsin area, and I am not surprised that the rental was broken into. Let me clarify, it is not my rental it is my fathers rental that was broken into. I learned about rea...
I just had a situation where a tenant had a leaking toilet and informed the property manager. Apparently, it was considered an emergency because the supply line was leaking and otherwise would have flooded the home. T...
Hello BPToday I'd like to share a recent closing we did this summer in mid town Savannah GA bread and butter entry level home. I purchased this house by bidding on it through HUD Homestore. It was old and SUPER NAST...
Hey Little Rock locals!
I am considering purchasing an off-market rental property in Little Rock, and would love to hear from someone about the neighborhood. The property is a block directly north of University of Ar...
I recently acquired a property that has been neglected for years. I'm doing a light rehab and going to rent it out. The property is on a hill and has some drainage issues, so it's kind of hard to mow. Because of that,...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Miami.
Purchase price: $389,000
Cash invested: $120,000
Sale price: $710,000
Investment Highlights:
- Located in a fas...
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...