I own a 115 year old house that was converted into a duplex when a 2nd unit was added upstairs in the 90s. It was not done well, there is a hodgepodge of 'handyman/diy" work throughout, and I'm trying to decide if we ...
I am in escrow for my first investment property in Houston TX and wanted to get thoughts on the deal...ill provide as much i can to help readers decide good or bad.Some pre-deal info: This is not my first investment ...
Is there value in buying land/vacant lots/inhabitable houses in cities that are currently depressed? I ask because land is a item that has a limited supply. As population increases, the availability of land decreases ...
Hello all!
Wanted to see what areas on the outskirts of Dallas, TX (20-60 miles from downtown) are worth taking drives around or searching online for deals. Still learning and working on my plan to pursue/purchase my...
I live in Palm Coast Florida and I got a call from a bandit sign from woman in preforeclosure. She got a loan for the house in 1999 for $63,000 and still owes $55,000. ( She has actually paid over $120,000 since her l...
I have seen a lot of chatter on investing in Birmingham and after some research I do not understand the hype. From a macro purposes, the population is declining and job growth is minimal. What are the reasons that are...
Hello BP family! I have a few questions about how to analyze multi unit properties. My questions are 1) when you calculate cap x, vacancy rate, repairs, trash, water and sewer do you always use 5% of the monthly rent?...
I am looking at purchasing a condo in Myrtle Beach, SC. Purchase price is around $110,000; rental income is $26,000/year. When I plug my numbers into my calculator, I am coming up with a cash flow of roughly $800/mo...
A few of you may have read that I'm on the prowl for my first investment inreal estate. I'm patient and have no problem waiting for the perfect property.
However...
In the later half of 2013, once Bernanke is no lon...
I don't know if any of you caught the governor's state of the state address yesterday, but he did a pretty bad job of convincing me CT will be turning around.
The entire speech revolved around the budget deficit in ...