$130,000 purchase price for 3 bed 1 bath duplex$1425/mo rent total$2290 for taxes$780 for insurance$590 for P & IPlan to put 10% down with seller financing at 4.5% with 30 year amort and 5 year balloon.Tenants wou...
Hey BP,My husband and I invested passively in our first ever REI deal. It was a 71-unit apartment complex in the DFW area. We were pleasantly surprised when the asset reached it's goal 3 1/2 years early. The sponso...
BP -I generally look at standard 2-4 family MFR investments, but the returns on 5+ unit res/com are very appealing. (ex: 7 unit building with 2 storefront and 5 1 bdrms). What sort of risks should I be considering tha...
This is going to be my first SFR in the REI game and I understand curb appeal plays a big part.I know painting the house would have the biggest effect however its not really budget friendly. Any ideas of how I can giv...
I'm looking into Orlando to buy a property for income from long term rentals. Why Orlando? Because it's regarded one of the growing metros attracting jobs and people. It's easy for me to get to - 2hr flight. But scour...
In contract for a 1950s all brick fourplex (just over 4,000 sf) river front in Jacksonville, Fl. Estimating that after upgrades total rental income will be around 4,500/mo based on nearby comps. Contracted price 450,0...
Okay- So I am going to make a long story as short as I can. My husband and worked in the vinyl Siding business and roofing for a while now. Running his own crew. We have 1099 our workers. Now he has been approached fr...
I work in the mortgage business and I've seen what it takes to get a mortgage done. I want to learn how much work goes into flipping a house. From finding the deal, building a budget, securing the financing (if it's n...
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Hi there, I have never owned my own home before, but my income is 6 figures, my credit is great and my DTI is below 5%. My issue is that I live in SoCal and I do not wish to Invest here since property values are alrea...