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I am looking for my first property. I want to know how much cash flow I should shoot for? At worst is only living for free considered a base hit, obviously I should shoot for positive cash flow, but how much per unit...
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These are the details I have...
SP. $269,000 (probably get it for 250k)
9 Units 4 x 1 bed and 5 x 2 bed
100% occupancy (maintained for 12 months)
Scheduled Gross Income 62,100
Effective Gross Income 55,027
The que...
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I'm considering providing wifi for the tenants in my 12 unit building in NB. The plan would be to charge a fee that would be cheaper than what the tenant would otherwise pay but with enough margin to make to worth it ...
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Ok, here is the situation I am in right now:I have one rental property, which was a home that I lived in for 10 years, and was subsequently unable to sell. I have nearly 50% equity in the property, and 10 years until...
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First timer, looking for a duplex in the NW. I have a program to run numbers but i have questions on as to identifying a good location. I Found a website www.homegain.com there you can look at Demographic and Housing ...
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OK BP. I've been reading and listening to the podcast and I'm ready to make a move.Background: Wife purchased a home last year (before we were engaged & married) with 0% down with Agricultural Loan plan. We still ...
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Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot sur...
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How do I start to wholesale properties? What's the beginning point?
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I’ve found a “deal” but I’m having trouble understanding if this is a good fit for me. I’d love to hear some perspectives from more experienced and local investors on what you think about the numbers below:
$130k for...
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Hi, I'm wanting to do my due diligence so i can choose a turnkey company. Looking at Norada and Rent to retirement to facilitate my first purchase out of state. (I live in California) But I'm pretty unclear on how to ...