When you look at a potential property, you crunch your numbers and your monthly capex (5% or so) is going to run you at $250 a month (roof, water heater, hvac etc,). Taking this into account with your operating expens...
Hi Everyone,
Two months ago I closed on my first deal - 2 fourplexes, less than 2 miles from my house. The numbers worked great (at least in theory - time will tell!), and now I am in the process of getting ...
The lessee moved out and her friends moved in. How do we get rid of her friends? It seems to me they are trespassing. Wouldn't a sheriff be the solution as opposed to eviction proceedings?
Hey BP family,I Live in Houston, have cash and multiple real estate investments. Im sitting on a 70/30 split of cash and stock. Its bothering me that the value lf cash is declining, while stocks are going up based on ...
I have a friend who owns a condo in North Miami. She's currently attending school in St Lucia. The condo is vacant. She bought it as a foreclosure sale. She owns it but due to her transitions and not working her fe...
Looking for first deal and finding it difficult to break 1% rule or >5% CaC when evaluating properties in Durham. I know deals are there, but should I mainly be focusing on appreciation rather than monthly cashflow?
Hello All,I am tired. The research, articles, podcasts and blogs on investing. Tired. The videos of advice from hundreds of people all over the web. Tired. The googling of success stories and failure commentaries, the...
I've seen a few posts around this topic, but nothing that quite answers my question. My wife and I may have an opportunity to purchase the home next door to ours in the coming months. Our neighborhood is getting young...
I have been thinking about obtaining a duplex to live in and rent out the other half as income. I do not know if I should try to buy on or build one. I know a builder who does duplexes, but buying one would be so much...
Looking at a duplex that the seller owns free and clear and will finance for a year then balloon due. Wants 90k and will take around 25k to rehab. AVR 145-155k??? Not sure how to get exact numbers on AVR. Should rent ...