Took 8 weeks; purchase price $55k; rehab $29k; closing/holding costs $3k. Total $87k.
Rent $1335.
taxes/insurance $275; loan repayment $375 (private loan at 6% interest only); loan was for $75k.
20% for maintenace,...
I'm compiled a list of neighborhoods in Columbus which I've classified with what I think is A,B,C,D areas. I'm curious what the average CAP rates are for multifamily properties in these areas too. That's next on my ...
Hi BP! Any insights on trusted lenders for 1st time buys in Richmond VA?Thank you!
Hello all,my name is Howard Green from Capital Heights,Md..My first post to the group,my goal is to acquire buy and hold properties in Baltimore,Md,as of today i have one Sub 30k property under contract that i hopeful...
Hello everyone! My name is Josh Koronich, I’m currently living and looking to invest in Columbus, Ohio. I’m currently in contract on a duplex in Merion Village, which is a small village in Downtown Columbus. I plan to...
Since I'm a newbie to the real estate investing world I'm kind of in a conundrum with a property my mother owns. (This is not an intent to advertise, sell, or create deals but if its not allowed please move to the cor...
Hi BP Community,I am going to see a few properties in Ocean Village, 2400 S Ocean Dr, Hutchinson Island, FL and was wondering if anyone in the community had experience owning properties here and/ or if anyone could s...
I'm in the northwest suburbs of Chicago and this was my first rehab / flip.I'm not happy that I'm losing money on this one, but I learned SO much from it. I will probably lose about 12k on this one, depends on closin...
Hi there - I am looking for information on the rental market in downtown Columbus, OH (Merion Village, Hungarian Village and surrounding areas). Everything I see has vastly different rental prices. Looking to purcha...
Hi All, I thought I'd talk about my 2nd deal this year. As many of you know I posted about my first deal this summer. I invest in real estate as a side project. I'm an agent with a team of 4 in that sells residential ...