Found a duplex in a decent neighborhood renting for $600 and $550, respectively with a sale price of only $79,000. Even accounting for 25% of rent going to Property Management, CapEx, Repairs, Vacancy etc, my calculat...
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Hi All,Am getting ready to own some 40 rental units in Chicago, in a couple of south side locations. I'll be self-managing, and have both the time and pretty solid experience. There's just one problem (ok, probably mo...
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How would you handle this situation? My tenant has been in the unit for over a year. No pets permitted, per the lease, and we just don't allow them in any of our rentals.
It's come to our attention, that they have...
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I am in my mid-thirties with two kids, live in Maryland, DC suburb. My wife and I have decent W2 income of ~250k, but we are also supporting our parents, paying for two primary home mortgages with ~6k/month. Our month...
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I have had these tenants for the past 6 years, always pay on time and low maintenance folks. I have held off on increasing rents for a couple of years in the past due to COVID but I can’t absorb the rising insurance a...
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Hi BP Calgary Community,
I live in Calgary and am looking getting into property investment. I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different p...
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I’m a rookie investor investing long distance. I’m wondering if I’m being too conservative. When I underwrite a potential deal I include 10% for maintenance, 5% vacancy, and 10% for cap x. Is this to high? It seems li...
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I'm constantly reading on BiggerPockets investors saying you need to buy rental property, break even, and hope for appreciation and/or lower rates in the future to cashflow. WRONG!!!
I'm here to tell you I'm still fi...
Hello everyone, I am taking a stab at analyzing my first deal. It is a duplex located south of Atlanta. I would say this is a Class C property. The property has been on the market for a while, and there has been a few...
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Hello,
This is my first property and I would like to get some input from all of you who are way more experienced than I am. I am looking to buy and hold for positive cash flow. I am a contractor so the repa...