Hi,I read these short articles regarding a redevelopment project in Niagara Falls, NY by Niagara Global Tourism Institute:https://www.bizjournals.com/buffalo/news/2018/03/0...http://news.wbfo.org/post/niagara-global-t...
Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
This is my first post and a quite long one at that. Thanks for reading and replying!
Originally, I found BP by trying to figure out how much a family member's house is worth fixed up an...
I have an LLC that will be doing an all cash purchase of a 3 br 1 bath SFH. We are going to be fronting the cost to acquire the property but the GC that I have used for several years is going to cover the cost for reh...
My agent has put a contract together for me to sign so that we can submit to the listing agent who is also the owner of the subject property in which I plan on purchasing. He sent me the contract to sign but he also s...
Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties. However, when electing to be taxed as a sole proprietor (IRS default for single mem...
Have a huge oak tree which has roots pressing against the foundation. Want to cut it down before it causes any real problems. I did have it trimmed, and they dropped large logs onto the roof, which put a small 2 inch ...
How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
I've heard that starting your realestate adventure with a house needing a complete renovation wasn't very ideal. With the numbers, however, I am somewhat interested in giving it a go.The house was built in the 1960's ...
I'm first starting out and would like to know if it is better to focus on one specific town or multiple. Right now, I'm very interested in 2 towns that are literally next to each other. However, I am also interested ...