There's a duplex I'm looking at in Memphis, Tn (the Alta Vista area). The owner is asking $24,900. The rental payments are $830. The taxes are approximately $1,700 a year. What else do I need? And, does this sound li...
How does everyone estimate value for a duplex in a neighborhood where there are no other duplexes? I'm sure there's no exact formula here (I hope I'm wrong about that though!) but what would be a rough way to approxim...
I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $...
I am just beginning my research into investing in rental properties as a way to augment retirement income and have a few (hopefully) simple questions as follows:1. Generally, when stating a "per door" income, what ar...
Greetings,Ive been lurking for a while but this is my first time posting. Been researching for a while and finally stumbled upon a deal I feel is worth going after. I would, however, appreciate any input/advice from o...
Hey guys, my name is Jessyka Bailey and I'm new to BP. To be honest, I'm new to the idea of ever thinking that I could own a property in my life but after attending DJ Envy's seminar in December I know that I can do i...
I am a newbee, my husband has been rehabbing properties at every stage for more then fifteen years. I have decided to get into wholesaling (to build capital for flipping) but have seen a lot of bashing by the investor...
Hello All,I have been identifying properties in the Richmond area that I might consider purchasing but wanted to see what the average cost of certain critical factors were. So what do you all see to be the average cos...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $83,000
Cash invested: $94,000
Contributors:
James Konvalinka
A buy&hold Du...
I am putting my townhouse on the market in 2 weeks. My property is 2200 square feet (not including the basement). My property was estimated to be worth approximately $265K. The unit next to mine, just went contingent ...