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Price $294,000
20% down = $58,000
Annual Mortgage = $16,000. (4.25 for 30 years)
Annual rent = $81,600
Estimated annual expenses = $8,500
NOI = $56,500
Not sure how much to keep for repairs ? Could you help ...
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Question about realistic numbers and expectations for a real estate investor. Although I've dabbled in real estate and I've done four flips and currently own 12 doors out of state, I've doubled down on my RE education...
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Greetings BP community!
My name is Christie and I live in one of the more expensive real estate communities, Santa Barbara, CA where a tear down can be over a million dollars. 😩
While it would be fun to flip and hold...
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Looks like our next deal is happening!We’re buying this unique piece of property that was at one time a popular retail location that sold marine/fishing gear. It’s got a great foundation as well as a house on the othe...
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Hey y'all,
I'm currently based out of Seattle, WA, and I've been looking into potentially purchasing an investment property. I hope to spend less than 50k total on the property but can go up if needed. I've considere...
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Hello BP,Long time lurker, looking for my first property, aiming for a live in multifamily. We’ll live in for the first few years, hopefully having $1,000 per month from having no rent.I’m a bit long winded, so I apo...
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Hi Bigger Pocket community,Assuming I should consult a tax/mortgage professional, I'd like to ask y'all for knowledge a guidance here. About me: I own a 2-unit house that I have been house hacking. I have a convention...
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For any of you medium to high volume flippers, I'm curious as to how you compensate your Project Managers. Our team is shooting for 24 Flips this year (and on-schedule so far)Â and we're struggling with our Project Man...
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Hey investors!I'm a total newbie, so bare with me here. But I've read a few books this past year on various real estate investment strategies. I've been analyzing deals all over the country for the past month or so.I'...
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Hey all, preparing to make my first larger size multi-family offer. We have a nice LOI prepared but I am trying to present myself / deal as professionally as possible. I will share whatever I come up with, but curio...