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I'm just wondering how much do property management company charge to manage a property?and what do they do exactly? collect rent, go to court if tenant doesn't pay, clear snow, etc?
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Hello! I live in a market that feels over-priced, so I started exploring long distance investing. One of the first metrics I started looking at was the price to rent ratio.I pulled a few pieces of data, joined it toge...
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Hi everyone!I'm an newer investor that has a property available in Livonia, MI (5 Mile & Levan). I would love to work with a partner or private lender to get the deal done but I'm still in the process of building ...
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Hello Folks,I bought a foreclosure property last month in an A(/B+) suburb of JAX. THe house is 1987 build and I paid 65K for it. It was appraised for 70K without any rehab. I have put 20K in rehab (New Roof, HVAC, Fl...
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I'm interested in a home close to my residence yo purchase for a flip opportunity. House is a 91' with a sunken living room right off the kitchen. Home is in great shape just needs some updates to reach top of market....
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Hi all,
I lived in my rental property for a couple months while making repairs. When it comes to deducting these expenses for taxes, do you know what the rule for this is? Are there any resources you can direct me to...
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Hey There BP!I'm a digital media producer by day and have a had a serious itch to get into real estate for some time now. After some serious thought and speaking with folks in the industry, I decided to branch into ho...
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I am planning to sell a rental property in a good area. The tenant is moving out by the end of May. I was contacted by a friend of the tenant for purchasing the house. He wanted to offer $250k as is conditions. Th...
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I am looking at a 3 unit apartment building. All units full, long term tenants. Asking 75k, talked them down to 60k. Tax value is 75k. Income is $200 per door after all expenses including mortgage. Interior the units ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $650,000
Cash invested: $165,000
I purchased a 4 bedroom/ 2 bath single family home that needed just some minor TLC...