Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!Background info- 1.Fiancé and I want to build wealth through real estate2.We look into purchasing our first home as a duplex in 20173.J...
I recently sent in an LOI for a 12 unit apartment. The property is located in a C- neighborhood with a moderately high crime rate. The current management company allowed a sex offender to live in one of the units. The...
Further Analyzing rental property. Purchase price $50-60k. Low income area, not a warzone. Not counting on appreciation. Rehab 15K. Here's my #'sHome rents for $900 per month (5-10% below MR). Vac 10% ($90), maintenan...
If you had to choose one MF syndicator to drop $100k with, who would it be and why?? I would look for principle protection as well as IRR for the main factors for me. Let me know your thoughts please!
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
I’m a new investor with 1 property under my belt. It is a 1b1b condo I took out a loan for and purchased November of 2019. The loan came to 65,000$. I lived there for a short while and rented it out in February of 202...
Hello friendsSo I am all set to close on my first rental. This one is a 1935 built 2 story 3/2.5 recently updated (roof, paint, windows, electrical etc). The area is Wickliffe. A safe suburb with good (6, 7) schools. ...
Good Evening!I checked out a property today and I'm ready to move forward with an offer - I would love to get some last-minute feedback to ease my nerves a bit. The breakdown of the deal will follow: Purchase Price: $...
I don't plan on buying this property, I'm working on my analysis skills, so if anyone in Norwalk, CT likes it, go for it! That being said, IF I was ready I'd be jumping on this and I want some feedback on it, especial...
Hey fellas,
I went to see a duplex today near the very desired to live area of downtown today. This is potentially my first investment.
I wanted to buy it as house hack it. I run the numbers on it and they seem ok i...