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Hello everybody, I am putting together my first deal- a century home duplex. They have recently dropped the price to 65k. I am making an offer of 50k. All of my numbers in the analysis are based off of this 50k purcha...
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I have deal I am putting an offer in on tomorrow and wanted some thoughts from the group. Its a $599 p.p. with a current rent roll of $5300 monthly. I can get rents to $5700-$5800 I believe. I spoke with my realtor. M...
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Hi all!
I am checking out a lead on my first OOS investment. MFH duplex (2 bed 1 bath per unit) in KC, KS. I will be using investors (parents) to finance the property and they are willing and able to pay all cash. Pr...
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two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
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If you want to build a better business as an agent on the biggest investor site in the world, follow these tips:1. Never include a call to action in your reply to a forum post. Your signature and profile are on every ...
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Hi people! I just put an offer on my first rental property located in Washington DC and it was accepted! Its a 2BDR, 1B condo and is located 3 blocks away from the metro. I have 3 days to back off the deal or break th...
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I have a house that has some active knob and tube wiring still in the house. I have been gathering quotes to update all of the wiring and update the panel but the quotes are coming out a lot higher than I was expectin...
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I know there are a bunch of posts about cap rate and I've read quite a few. However, every time I think I understand, I'll see something in a listing that confuses me. My current interpretation is that a cap rate is s...
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Planning on doing an owner-occupy with either a conventional or FHA loan for a condo in a 3-4 unit building. Great school district, close to the city downtown area, very close to train station leading into Chicago.Ask...
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Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...