Gandharv Kashinath
Picking the right city for investment
Hi Guys,It's been a few weeks since I found out about BP and I'm loving all the information that's on here. I want to get started with REI and I have saved up some money for down payment and other expenses. Since this...
Armando Paz
Is it time to sell my 1st Rental Property in NJ?
Hi all! 1st time poster here, but lurked for quite a while.I currently have my first rental property (3 family in Paterson, NJ) that is fully rented and going strong so far. With the market being in favor of sellers h...
Jerry Hasts
How to pay for an onsite super?
Good afternoon everyone,We just purchased an 8 unit building in Union City, NJ. The existing super who remains there, pays $1,600 per month in rent and gets free parking. The going market rent is about $2,200. But ...
William Hull
Where affordable housing and good jobs intersect
In a study conducted by Zillow and LinkedIn, it was determined that, for West Coast Tech workers, Seattle is a better option when considering living expense to income ratio. Housing and employment data were analyzed b...
Tony Sierra
increasing rent for tenant
Hello my fellow BPers.
Please share your wisdom on my situation. I have a duplex, live on the 1st floor (2 beds, 1 bath) (soon to rent out) and my tenant lives on the 2nd floor (1 bed, 1 bath).
As we know, inflat...
Natalie Hahn
Repairing a deck with termite damage - Please help!
A termite company found extensive termite damage on the deck of our house and is offering to do a repair/remodel and bringing it up to code for $15,000. Our deck is very old and needs a lot of work, but this still see...
Johnny On
Property Cash Flow Analysis
Hello, this is my first post on here. I created an app that looks through house listings in a certain area and compares the cash on cash return for the year. This data is based on current interest rates for rental pro...
Jim Kittridge
[Calc Review] NOI calculation is off?
I can't figure out why the NOI figure shows $15k. Unless I am missing something, iAm I doing something wrong?Purchasing the property for $110,000 with hard money (13% & 2 points) and then doing a rate term refi (p...
Kim Leduff
ROI on a condo i moved out of, but now rent
Hi all,
how do i calculate the ROI on a condo I bought in 2010 but I recently moved out of and now rent? its cashflowing $400 monthly. but what should be the denominator in my ROI calc? the down-payment i made 10 yea...
Hector Murguia
Dollar and a dream.
Hi everyone, I just want to take action this year. Hopefully meet all of you wonderful people. I want to invest in CA. I know it sounds insane but I’m willing to invest in this wonderful place. I’m willing to look int...