The book i am reading said that if you take into account a 5% appreciation rate of property, you can potentially become a millionaire by buying 1 100k house a year with 10k down payment for 10 years.
my math is awf...
My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the...
Small park 22 spaces (16 owner occupied-3 park owned-3 vacant lots) with a 30 space mini storage also. $415k asking price. My offer will be $385K. Owner very motivated as headed towards foreclosure. Says he won't l...
We are interested in knowing something about investing in Bridgeport Ct. Is Bridgeport a C town and how does in compare to Waterbury Ct. Is Bridgeport appreciating? Are thre Multi familys available in Bridgeport? ...
Hi Everyone,
I'm a new REI in Colorado and looking for some advice from seasoned CO investors.
If you were to begin all over today, in your late 20s, how would you invest in Colorado?
Single family? Duplex? Fourple...
This is going to sound dumb but I truely don't understand. Ive been searching properties and out of hundreds have found 4 in my area that are killer deals, meeting (and exceeding) the 2% rule, while not being in the g...
A family member of mine just inherited a mobile home park in Missouri. She has no interest in maintaining it due to her busy schedule. As i'm not sure how to value this mobile home park, how much should this be pric...
If there are any appraisers out there, or people familiar with how they are done:
What are all the things that are looked at when determining the value of a home?