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Hello, I am pretty comfortable evaluating deals up to 4 units and have a have some experience with how the expenses run for these.A great 10 plex just came up for sale by the bank, and I am curious how my analysis mig...
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Hello BP,I'm getting a lot of closer to owning my first investment property. If the deal goes through there will be some rehabbing done to the house. It would be a buy and hold for the long run. I am seeking wisdom an...
Hello all, my name is Terry. I'm brand new to the forums as well as to investing in real estate. I am a travel nurse and have owned the mortgage on my house since 2017. With all of my travels, it just sits neglecte...
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I'm closing on a duplex in Taos, New Mexico and found out the property was on the edge of a flood plain. The loan is requiring flood insurance. I was using State Farm for my homeowners insurance, but the quotes they...
Hi everyone,I'm looking to invest in real estate in Cleveland, OH. I'm 18 years old and this will be the first piece of property I own. I've been looking into Cleveland because of the low prices, it seems this is an e...
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Someday, I hope to be a landlord and that is why I'm on the site. Right now, I'm a tenant. Because I have been reading and seeing things from the other side I don't want to be a pain. However, my apartment is a dump. ...
Hello.I am new to the St. Louis area, and I will be looking at properties in a few months (particularly duplexes).Any advice on how to start examine the different areas and neighborhoods in St.Louis? Looking for a fai...
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So I am currently seeking my first deal. I'm interested in a 2br/1ba listing and wanted to hear some feedback on it.
I know 2/1 investments are looked down upon somewhat, but they are on the cheaper side so I can ...
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Is it even possible to switch a building from 1 water bill to having each individual unit being metered? Anyone with experience doing so? I would imagine it being quite $$$
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Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...