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A couple of firsts for me here on BP. This is my first post, so I am excited to get involved in the community. And I am posting about my first investment deal. Truth be told, this is not our first rental property, ...
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I was hoping to get as much input as possible on my first deal
reo
purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...
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Been racking my brain trying to think of all the ways to get my place sold. A few things that I have come up with - not sure if they would have any effect at all - are:Offer a higher commission than the traditional 3%...
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I had to rent out my place to help my mom after my dad became ill then passed away. The point is that sort of thing caused me to get swamped, and I never intended to rent. So filing is new. I want to get it done ...
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One of the most rewarding aspects of my job is speaking with investors about how to generate rental income from a tangible asset without requiring active involvement.A lot of people are familiar with the turnkey proce...
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Hello, all! Super newb here. I've always been interested in real estate, but have always felt it was something you had to have money to make money in. I know that's mostly true, but let me get into who I am a bit. I'm...
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I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...
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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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I'm not quite decided on what niche to select. My current career requires me to travel for work from time to time and I really enjoy the flexibility it provides. However, I'm aware that to invest in RE, one must be ...