Neil Quinn
How much do condo HOA fees reduce capex / the 50% rule?
Hi all,I'm looking to see how close to breakeven I could get with some property in my area if I ever move out, but mostly would only be able to afford condos that have $300-$600 HOA fees.Can people give me a sanity ch...
Alex Johnson
Pay off $15k in college debt, or invest it?
probably a dumb question, but i’m stuck and need some help. as the title says, i have $15k in college debt that i am comfortably paying back each month (~$250). i have enough saved up to pay it off in full, but i’m 10...
Adam Egloff
Should I move ahead with my first deal?
Hello,I'm currently working on getting my first property and I just wanted to get some opinions on whether or not this is a good deal. It looks to me like it is even if the cash flow is a little lower than I was hopin...
Ryan Brooks
Advice about discount points at closing
I’m being charged 2.85% for discount points at closing on a secondary/vacation home mortgage. Seems a bit high. Can someone please advise?
I live in the northeast but I’m purchasing in SC where taxes are considerably...
Ben W.
QuadPlex Deal Review...
Hi all,I am new and looking at buying my first investment property. I am looking at a quadplex built in 2017 in the downtown area of a city I know pretty well. Gross rents = $101k a year. Insurance = ~$1300 a yr.Taxes...
John Deer
Paying expenses during vacancies
Hi all,I’m new to posting at BP but definitely interested in learning as much as possible. With that in mind I purchased a SFR last year for 150k and was able to get a 2 year lease at 2k/ mo. I have a property managem...
Madeline Graham
Owner Occupied Duplex Minneapolis Analysis
I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...
NA NA
How is the market?
I got approved for up to $300K. I'm looking at all kinds of properties, all over the city. Old, new, ghetto areas, Katy, cypress. The expenses seem to be much more than the rent. Even air bnb only books 40-60% but tha...
Jeff Stansberry
First time buying in Memphis and using Turnkey Provider
Hi,I was hoping I could get a second opinion on whether this deal was worth it since I have never purchased out of state before, or with a turnkey provider. It's located on Theda Avenue in MemphisPurchase is 53k (was ...
Robert Larue
Help w/ Analyzing First Commercial Deal in St Louis
Hi all,Relatively new investor here, I own 7 units (SFR's and small multi), but trying to buy my first commercial multifamily apartment complex in Overland, Missouri (St. Louis area). I would be buying it at around a ...