So I have a potential deal: Bank owned condo 2/2. Recent comps $280-290k. Bank is asking $199. rehab estimates come in at $57-$60k. I'm offering $120k. I'll probably get laughed at but factoring in the carrying ...
Good morning BPers!I'm planning to purchase a duplex, that I will live in one unit, while renting out the other. I was thinking of Air BnBing one of my rooms in my unit, but I was not sure if I wanted to allow my tena...
We own a house and want to purchase our first long term rental property. We live in California so real estate is pretty expensive here and we only have about 30k to start off with. I have no idea where to start lookin...
I am looking to house hack my first rental property with an FHA loan. A 3 or 4 family in Rhode Island. I was wondering if I should go to a mortgage broker or go shop mortgage lenders. I am very new to this. Any feedba...
I have been looking into buying a rental unit. I have been reading and learning on these and other forums and have been playing with a spreadsheet for calculating cash on cash ROI and % profit, etc. The spreadsheet on...
Do you guys actually pay for a home inspection and get contractor bids during your inspection contingency window? Or do you just look for a buyer and let them do all the due diligence?
When flipping a property managing costs becomes essential to ensuring a good return-on-investment. But as a savvy investor, it is important to understand which expenditures are justifiable and can help move a property...
Hello all BP guys and gals,Decided to do a quick introduction to this amazing site. I've been peeking around for the last few months and have recently become more serious about buying an investment property. BP had be...
Looking to purchase our first STR. Are their tax advantages to financing as a conventional rental property with 20% down vs a vacation home with 10% down? How does depreciation work on STR's and does the financing s...
Hi everyone. Hoping someone can give me some tips. I am having trouble comparing the financial details of passive opportunities (investing in a syndication or real estate fund) with more active opportunities (buying...