Do you assume that you will sell the property after owning it for certain number of years?
Let's say you buy a property with initial cash investment of $50,000 and annual cash flow is $10,000. Now you have no plans t...
Hello fellow BPer!Hope y’all keeping well during this interesting times. Been looking for properties in Texas with my business partner, another BP member, and we are struggling with our cashflow due to the high intere...
What’s a realistic IRR to expect on a long term rental in the current market? I found a house in Atlanta that comes out to an IRR around 11% when I run the numbers, is that good or should I look for better? That’s wit...
Hi everyone,
I recently posted about a deal that my friend was considering in Dallas, TX; that post is below and labeled "original post". We've looked at the numbers a little more closely and changed up the strategy ...
Good evening , I am new to investing and my goal is to take control of my own finances and improve my financial health. I understand that this takes time and discipline which is fine . There are two things I have que...
While I'm not new to buying or selling real estate, I am new to doing it with an emphasis toward investment. Having done this, I find the back and forth to the traditional Real Estate negotiation antiquated. The pro...
Hey BP!Out of all the headaches that come with property management, this is one at the top of the list. Most property management tools come with a RUBS calculator but the split NEVER accounts for tenant move in date. ...
Hi All,I'm having some newbie issues and wanting to know if I still need to work on changing my thinking as an investor.I found a house on the mls (trying to find off market properties but it's been a slow proces) tha...
Details
Condo purchased in November 2010 and occupied as primary residence as follows:
Purchase price 143K, current value 380K
Owner occupied = 3.6 years (November 2010 - June 2014)
Rented out = 4.7 years (July ...
Hello,I’m currently exploring options with my agent and lender for purchasing a duplex as an owner-occupant. What makes this situation interesting is that I cannot reasonably move into the residence within 60 days, un...