I put the following tirade together to show my friend how real estate beats the market (equities, stocks). The scenario below is the actual property I purchased last year. Please let me know if I'm off on my assumpt...
last year i inherited a home, 4 on 1 1500sq apx 400k value, never mortgaged, no liens, and taxes $500 yr. But needs a good amount of work. My idea is to hack house into 4 private ensuites with kitchenettes(tiny homes ...
Hey guys. My name is Bryan and this is my first post on Bigger pockets! I listen to the podcast daily, and want to be more active in the forums. I've been studying real-estate investing for about 6 months now. I'm int...
I am looking to buy a mobile home park and ran into an interesting situation. The disclosure of the property released 1 year rent roll and income statement but the expenses seem a bit low. I asked for 2 more years of ...
Hey everyone! Last week I called about a duplex for sale for the first time to practice talking to sellers. Turns out this sale is totally doable and now I'm wondering if I'm romanticizing the idea of jumping into ren...
I'm almost done closing on a duplex (Long Island, NY) with Section 8 tenants. Each side of the duplex has 3 bedrooms, 2.5 bathrooms, washer/dryer, and dishwasher.
Each unit has a family of 5 living in it.
Would it m...
Do adding Solar Panels to a home impact the value? Is it a different answer between impact to “appraised value” vs “value buyers are willing to pay”?You can very accurately calculate how many dollars solar panels save...
We are based in San Jose, California. Given the bay area prices, the rent to price ratio is terrible here. We are exploring investing in other states where houses can be purchased for $10,000 to $250,000 a piece.The g...
Hi all,New Chicago landlord here. In Chicago I understand that we must give 60 days notice prior to a rental price increase or termination/non-renewal of a tenant's lease. However, looking for some advice on communica...
Any thoughts on the numbers here please let me know. Rents are very low. A widow has owned an managed it herself for 10yrs and hasn't raised the rents in about 5yrs.Ok here is the deal:All brick 11,100 sq ft 10 unit1...