Hi Guys, Was listening to Brandon's webinar on how a newbie can start building wealth through real estate. My question is that if you don't have any money and see a property that would be a good deal, do you first put...
3 duplex buildings (6 units in total) renting for $645/month. Landlord pays Water and Garbage ($120-150 month). Tenants pay all other utilities. Units have been recently renovated. Each unit is roughly 620 sqft, amazi...
Hi All,Appreciate response from experienced rental income investors. Im in the process of learning the basics of RE investing (im a beginner): wondering, why is a cap-rate important ? DO lenders seek this info, even i...
Hi All! Alright... no cussing. I am a newish newbie in real estate investing. My first project was simply renting our townhouse while our house was being built but that's not what I'm here to discuss!My second deal wa...
Hi,Property came on the market that I've been looking at. Needs rehabbing and I'm looking to buy, hold, and rent.I have a ball park on rehab and am verifying with a contractor to walk the property.Am I on the right tr...
Hey folks, I've been on BiggerPockets for about a week and I am amazed at how many people are reaching out to offer advice. Thought I might post a summarized plan for my first investment in Rochester, NY... love to g...
249900 8 units
3 @ 375
1 @ 400
2 @ 450
1 @ 475
1 @ 650
42600/12= 3550
3550 * .5= 1775
20 down at 6.5% payments are 1330
cash flow per door 55.63
been on market from early 2007 and has been lowered in price from 2...
hello, My name is tom. I am 26 years old. I just bought my first duplex in a suburb in Rochester , NY.I was looking at calculating return on my investment and using 50% rule to determine if I made a good deal. I'm con...
When performing a BRRRR, can you take out a bank mortgage to finance the project or does everything need to be done with just cash, and why?
what areas in Seattle is worth investing in? Interested in buying single-family homes.
Areas that can provide steady cash flow.