I'm purchasing a duplex for $90k and it rents for $1350 total, but I'll raise rents to $1400.
In regards to variable expenses I'm setting aside $100 for repairs (7%), $115 for capex (8%), and $70 for vacancy (5%).
T...
We're closing on a 6 Plex in a couple weeks and are having doubts. The property is in a great area (Class C) but with a need for more housing. Renting is never an issue. His leases are month to month and he pays al...
I have acquired my 3rd Buy and Hold property which will require more work then needed in my previous two. I'm going to leave this post just to the foundation. A little about the home. It was built in 1910 and is a ...
Hi Everyone!My name is Bikran and finally took my first steps in Real Estate by signing up for BiggerPockets! I'm a CPA working with a local consulting firm and have been in the accounting industry for about five year...
Hi! I've been flipping houses with a colleague for the last 2 years. My colleague takes pride on the interior design and renovations that are done to the properties. However, when the house is done the agent takes the...
This is advertised to me.
http://www.hotmarketinvestment.com/#!brand-new-home/c19f6
$250k for 3bdrm new SFH with $3000 monthly rental in place already.
It does not fit 2% rule I know. But sounds l...
Hi All,It may seem that I've played the common disappearing act but I have been very active! I have been reading books, listening to the BP podcast, and attending my local real estate events. My hardest thing yet has ...
I thought of this crazy idea and wanted to write about it just to see if other people think this could work in practice. I want to state that I have no desire, intention, or ability to actually do this. It was just so...
Well this is my very first post! I'm learning as much as possible about real estate, as I'd like to get involved as soon as possible. While all my buddies are buying sports cars, I'm saving everything as a down paymen...
Hello BP Community,I'm relatively new to BP and REI. I'm currently house hacking my primary residence into one with a basement suite. This is my first venture into RE.I'm in Mississauga, Ontario and looking to start a...