two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
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We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...
Economic Update(Happy Martin Luther King Day)
Predictions for 2021? As 2020 has shown us, the world can throw so many curveballs at you that predictions can be about as useful as new year’s resolutions. In that s...
Wanted to see what other landlords thought about this situation.
We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.
The basement apartment has ...
I am no expert in markets, finances or anything like that.. but since the stock market seems inflated.. are we going to see real estate prices drop within the next year? Specifically if the stock market drops signific...
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
I would like to hear from other investors in the Houston area about strategies and outlook for 2015 in this climate of of dropping oil prices. I am fearful unfortunately and I am trying to fight it.My elders are full...