Hi, I'm wanting to get into real estate buy buying a 2-4 multi unit here in Colorado springs sometime in the next few years. I was wondering about how much money should I have in reserves if anything happens, for a...
I don't scan the forums as much as I used to, but I do see a few posts when they hit my keyword search, or someone will tag me, etc.
It really seems that everything I stumble on are people looking to start. Or tryin...
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I have seen several listings on here as well as CL. Do the guys that build up a portfolio and then sell the package make good money? I imagine you are trading (hopefully positive) cash flow for a lump sum pay out. I w...
I have SFH in Jacksonville FL. Paid off that home around 2017. With new home purchase, what would be best strategy to go? If i sell this home it would be around 480k. I already have down payment for new home so i real...
Hello!Normally, on my taxes, I try to break even or make a little profit BEFORE applying depreciation to the property.I recently applied for my 6th mortgage, and the loan officer significantly lowered my buying power ...
Excited to be working on these deals:_________________________________________________ Property 1:$36,100 Purchase price$13,250 Estimated renovations------------$54,550 Total acquisition cost$895 rent10.7% cash-on-...
Good afternoon BP members. I have a deal I’m trying to evaluate to see if the numbers work. It’s on a mixed use duplex and Mobil home park. There are 4 duplexes and 4 pads. The mls description says that each apartment...
I'm about to close on my very first rental property and would love feedback/advice on how to prepare to ensure nothing is missed.Here's what I have so far:
Created LLCBank account in name of LLCProperty Manager lined...
Hi,
Since I have a couple of friends studying and living in California I would like to know is there any affordable markets to invest in California?