I am reviewing a new construction project - 48 townhomes that will be kept as rentals. Market rent is $1,500/mo, construction budget is $145k/unit. I just dont see how these sort of deals pencil out. Do developers ...
My agent just sent me a 4-unit property that rents for $600/door. My conservative estimate is that it will cash flow around $300/mo total. My other property in the area (SFH) cash flows $200 and the purchase price was...
Hi,looking at a property at 60K, rent should run at about $700 a month. The property has tenants that have been ling there for 8 eight years, and they're looking to stay, although the rent they're paying is $550. If I...
Hi everyone,I have a property in St. Cloud MN that is interesting. It is only licensed as a single family and to convert it to a duplex would not be worth the expenses to make the basement up to current code. It used ...
Last July I purchased my first two family 4 bedroom 2 bath house for $375k with FHA loan for 5.5 fixed 30 year rate. cost me 35k in down payment and closing.Both units are rented for 2390$ with negative cash flow of ...
Hello everyone! This is my first post on this forum and yes I am new to real estate investing. I own a 2 family house in Nassau County, Long Island. I live one one side and rent the other. I currently run a CPA firm w...
As a general rule I am planning on managing my own properties. However, I do realize that gets a lot harder the bigger the property is. Does anyone have thoughts on what size MF I should really start considering using...
I am considering renting a 3 br apartment by the room. This is in a 3 unit house where I will be living in one of the units and the 3rd unit is rented with a typical lease.
Renting by the room makes sense for the loc...
i did research and finally came up that i would like to get rental property around jacksonville area. currently i am living in NJ>. but eventually would like to move to Florida.This would be my first rental. i am i...
Hi BiggerPockets Friends,I'm a San Diego real estate agent and I manage around 60 or so doors. I lot of 2s, 4s, 6s, a few homes a 7 and a 10. I love real estate and I love when I pick up the rents each month, there ar...