Donald S.
Evaluating a Property with a Carriage House
I'm looking at a deal that is 3 bed/2 bath but that includes a main house w/ 2&1 and a carriage house with 1&1, the property also has a 2 car detached garage. I understand using the BP calculators to help with...
J Valansi
Help with analysis for Florida condo
The rental is a 2/2 in coral springs. The apartment is in good shape, so there aren't any special repair costs.Asking price: $110,000Down payment: $36,300Interest rate: 4%Rent: $1,250.00Vacancy: 6%Tax: $619Repairs (mo...
Mark Payne
Closed on first SFR (With Numbers)
Hi All,I'll try to keep this short. I live in Hong Kong but purchased a SFR in Memphis, TN from the property manager who also rents out our family home near Memphis. Most of the concerns one might have investing fro...
Kevin Wilches
Heloc loans on appraised property
Hi everyone, I bought my first successful investment property over 2 years ago and want to go for a second at the end of the year. Since my purchase the first property has raised in value about 80k compared to similar...
Yannick W.
Optimum amount of mortgage
Hi all,This is my very first post on BP. I'm excited to learn as much as I can before buying my first property!I have a question regarding mortgage amounts. (Sorry if this topic was already discussed in the past, but ...
Laura DenHaan
Proposed rent control in South Carolina?
In researching investing in upstate South Carolina, I came across a state bill 3264 for statewide rent control introduced early this year. It is currently on the house floor (not passed, not law). To clarify, there is...
Ross Montgomery
Potential first flip
I'm currently in the process of purchasing a home to flip. Wanting some advice on where to start? I got an estimate on what it would cost to do a basic renovation. I need to find an inspector in the area to make sure ...
Tracy Hoopingarner
Tax Deductions when donating vacant land to charity.
I had a client provide a tip to me. It suggested that if an investor holds vacant land 12 months or more and then donates the property to a charity of choice, the tax break can be up to 30% of their income. Is anyon...
David Zimmer
Under contract - help checking my numbers
Hi all,I am under contract (400k) on a split level house that has a great opportunity to be a 1/1 apartment and a 3/2 house upstairs. This would be my first investment property and a house hack at first. The property ...
Carlos O.
Seeking advice for my first deal
Hello everyone,After a month and a half of searching I think I finally found something decent out near KC. This would be my first deal and I'm taking a conservative approach here. I would like to some feedback on the ...