Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
Hey all, A friend recommended me to BP so I am hoping some people can assist with my delima. I've been buying props for a few years in Hartford and Bridgeport with good success. They are only 2 - 4 units, and very l...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Hello Friends! I'm a realtor working in the twin cities and I do a lot of good business. I got into real estate to pay off my student loans without really thinking too much about investing. However, the more I work wi...
Howdy, all! I searched for an answer to this, but didn't find it... Please just give me a link if there's already a discussion about this that I missed! This question is for anyone that is currently doing this sort ...
All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...
Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication. I decided to run IRR (Internal Rate of Return) calcul...
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...