Purchase Price: 440kDown Payment (25%): 110kRehab budget: 70kGross Monthly Rents after rehab: $4,250Net Monthly Rents after mortgage & expenses: $1,015Cap Rate: 7.6%Cash on Cash Return: 6.76%Property was built in ...
So I'm taking the steps. I put in my first offer today. I'm really excited and I hope it works out for the best. They always say the main reason people don't become successful in real estate is because they fail to t...
A seemingly abandoned home in my neighborhood is listed to a Land Trust. Anyone have any information on how those work? I'd like to contact owner and offer assistance but county records show owner address is property.
So tomorrow is the first day I'm going to look at properties and negotiate a price with the sellers.
1st property: I talked to the first guy, he told me he did some remodeling to his property and, "to him" the prop...
Besides having a website, how do you advertise for your vacancies?
Shawn
Hey. First post, here.How do y'all verify that a tenant has gotten rid of unauthorized pets?
Hello fellow BP members! I'm still working towards my first real estate investment and trying to build a team. I was looking at a few companies in Indianapolis and found T&H Realty Services. They look great and se...
Hello Bigger Pockets People,I found the BP show earlier this year and love it. I have been reading and listening to everything I can get my hands on. I have made some big changes to allow myself to save a lot of money...
Hello all,
My wife and I recently purchased a home in Spartanburg, SC but are employed as traveling healthcare workers. We typically take 3 month contracts and would like to use Airbnb to rent our home while we are a...
Hi BP gang!I'm still a few months out from jumping in so I am in all out research mode.I convinced my wife to go to our first open house on a 2 family today and it was kinda scary!Not scary as in we were in danger, bu...