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Results (872)
Account Closed 6-plex seller gives me expense spreadsheet, expenses seem unusually high?
11 August 2015 | 17 replies

attached is what I was given. they seem high to me, wouldnt the owner "want" to show me low expenses? these dont even include taxes which are $4,800/year. this is a 6-plex, seller is asking $210,000. it is located in ...

Darryl K Costs and Revenue from Coin-Op Laundry
10 September 2018 | 16 replies

A few thoughts. How much should I expect to pay for a coin-op laundry machine (washer &/or dryer)? Is it okay to go with a used one?

What kind of revenue can I expect per machine? I realize this will depend o...

Thomas B. 1st Investment Property. Corpus Christi, TX
19 February 2023 | 17 replies

I just closed on my 1st investment property! It was listed as a 3/1 foreclosure; however when I walked the property with my agent it looks like a 2/1 with a single car garage attached by a breezeway that had previousl...

Kalyn Williams How do you collect your rent?
6 May 2019 | 43 replies

Hey Everyone, My husband and I are relatively new to being landlords. I am trying to find the most efficient way to send out a notice for Rent and collect it as well. Currently, I send out a formal text message 2 days...

Phat Vi Analysis on a 4-plex in Fresno, CA. Is the math correct?
8 July 2017 | 24 replies

Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...

Heath Watson Good or Bad Deal? Duplex
13 October 2022 | 20 replies

2 bed 2 bath 1780sq ft. Each unit is 1 bed 1 bath which is a downside. One side is rented for 550 atm but I know rents could be raised some. The other side is gutted and 10-15k would get it rent ready (maybe could tur...

Michael Cavalli Retirement for down payment vs. receiving annuity payments
29 April 2019 | 2 replies

Hi everyone.  My wife and I want to take action and purchase our first rental.  It will be for my son first and then my daughter as they go through college. (My son needs a place this fall, and my daughter will when s...

Franchesca Ramaker Who pays for utilities?
22 March 2017 | 11 replies

Hello BP,In starting to analyze potential deals, I've run into my first big question. In Minneapolis or Minnesota, who pays the utilities? Does it vary based on SF, duplex or apartments? If it's the landlord's respons...

Scott James What to do with first income property?
16 April 2014 | 5 replies

I am not sure this is the right forum but my question is essentially what will be best to attract renters.

Back story: I am closing on an income property (my first). It was a HUD house and I got it for...

John K. Advice on morgtage with a partner
16 July 2015 | 3 replies

Today is just another day I am learning more and more about real estate investing, and I hope soon I will be able to share some light through out the forums. For now I am very new to this area and still need some advi...