Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
My situationHave a decent sized portfolio of stocks, bonds, etc and a main residence. Have about 250K to deploy in an alternative asset class, preferably one that inst correlated with the stock market.Work full time...
A few minutes ago I was going to respond to yet another "I need a CPA" post and noticed I was currently sitting at 999 posts. So I decided to instead detail how contributing to BiggerPockets (BP) has helped me grow pe...
I'm getting much closer to searching for my first property and believe I will be able to find a property in the Denver/Aurora area with 3rooms and 2-3 bath for under 200k. I want to rent the other 2rooms (approx $600...
Hi.
I'm new to real estate investing and trying to learn how to get my feet wet and get into this field.
I feel like from everything I read, I am not quite in the position to be as flexible with securing my first i...
Hi All,I am currently exploring investing/buying a unit in Tulum, Mexico. Any advice or things to look out for would be greatly appreciated! I will likely buy with cash and not hold a mortgage. If you have invested in...
Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total. The...
How do yall feel about buying a rental property all cash? This will be my first investment and im wondering if it will be a good idea. I am fortunate enough to work a job I love that makes me a decent income. My plan ...