I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
Margins in the market today are extremely tight. The best deals I find are usually the result of an agent’s lack of familiarity with the area or a very poor listing presentation. Even in those cases, it’s difficult to...
Through experience and observation there are endless scams in the Real Estate Industry. I'm a math guy, I do the numbers and can forecast value, so a scam is pretty obvious to me. I've been reading BP on and off for o...
Just getting started looking at investment properties in the very competitive Los Angeles area and found a duplex today with a highly motivated seller who needs to unload quickly. It's a great area, units will be del...
My wife and I are tech managers in the Valley, looking to shift more of our portfolio into Real Estate. Any resources that can help us learn for success are handy ones for sure. Look forward to exchanging knowledge ...
hello all,I'm from southeast iowa and I was hoping to run some numbers in front of all the investors on BP!I'll get right to it. The house I am looking at buying is a 1200 sq ft house with 2 bedrooms, 2 bathrooms, and...
Hi everyone!I'm looking for advice on what to do as a next step in my investing journey. Sorry this is a long post but I want to give as much info as possible. My husband and I currently have 1 rental unit, a townhome...
My wife and I are in the early stages of exploring an opportunity we've come across...I'm curious for opinions. But first a brief background: I've been a BP member for nearly a year, and just went pro (scored the 'o...