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I’ve been presented a off-market opportunity 8 unit multi family building in Clawson,MI. The rental roll revenue for 2015 was $51,040 and 2016 was $52,274. The NOI for 2015 was $33,322 and 2016 was $29,313. The owner ...
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I'd love to retire but need about 60,000 income a year to be comfortable.Don't really like the idea of being a landlord,but it seems to be the best plan.Would love to use a property manager or management co.Thinking 6...
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Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year ...
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OK BP community,Saw a nice house in distress and bank owned. Its a brick rancher with detached garage. The kicker is it has a huge built in swimming pool that clearly needs a liner. I personally have a built in pool a...
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Hi All,
This will be our first purchase in real estate and we are going to use our FHA to buy a four unit building in Tampa, FL.
Is this a good deal? What am I missing or should I consider? Could I us...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $355,000
This is a large vacation rental property in downtown Klamath Falls, Or.
What made you interested in i...
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The City of Los Angeles recently passed Ordinance 183893, which requires the retrofit of pre-1978 wood-frame soft-story buildings and non-ductile concrete buildings. The goal of the mandatory retrofit programs, under ...
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After emailing a few investors about using credit cards to free up capital I realized that not many people know how to use their credit cards to free up cash without getting hit with huge interest charges. I started r...
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Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
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I'm looking to move into a new home in which I can rent out the basement - but trying to decide what to do with my current home. My current home has appreciated a bit since I bought it 3 years ago and other houses in ...