Hello, I have this good opportunity buying a complex. Seller offer private financing for 10 years @ 5% interest rate. Cap rate is 10% @ $2.2m ($400k DP) and I'm calculating approx. 33% annual profit at these rates. Al...
I have a contract on a 8 unit building in the City of Chicago on the south side that also comes with two lots next door, those lots are fenced off as part of the main building. The building is one commercial and 7 ap...
My wife and I have purchased a home that we intend to live in while our new construction is being built. I have purchased the home in the name of my LLC and will be living in the home while it is being remodeled.
Wh...
I built up my rental portfolio over the past few years and am now looking to sell it. I built it in blue collar neighborhoods and the management process is not something I am interested in participating in anymore. ...
Hi there,
We are somewhat new to real estate investing. We've bought and hope to buy a couple more next year. A couple of questions regarding cash flow. So after paying for Mortgage, Insurance, Property Taxes, HOA an...
What is required for a bedroom in a basement to be legal to be rented in Bloomington Indiana?The room is 11x12 with a closet.I'm pretty sure the room couldn't be considered a bedroom for rental purposes as it doesn't ...
Hi, everybody! I am just a few years out from graduating from Purdue University and starting my career as a Software Usability engineer!!! It is more fun than it sounds. I recently found BP and have jumped in headfirs...
Earlier this year, I bought property that was originally built in 1927. I've recently had some drama in dealing with sewer pipe repair, and I would appreciate your advise.Soon after my tenant moved in, she encounter...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $19,000
1st investment. This is a duplex that my wife and I are house-hacking.
...
Just reaching to see if there are an affordable or hopefully free software/websites that provide analytical tools that would help me in figuring out cost and analyzing areas in the AirBnb market. Would love to find a ...