How are we doing here?We Bought 2 matching Duplexes in Feb of 2014 and paid $332,000 (+ closing costs) for both of them.They needed approx $37,000 ($18,500 each) worth of rehabbing and were occupied with tenants pay...
Would you spend $15K on renovations to get a $305/mo. increase in rent?Let's assume that the renovations will cost $15K exactly and the rent increase is accurate.I have two condos on Oahu, Hawaii that have been produc...
Hello BP Nation! I've been lurking for a long while now without introducing myself. But seeing as how s#*t is finally getting real, it seems like a good time to do so.I recently moved into Baltimore City proper last m...
Hi, I found a fourplex selling directly by the seller. I contacted through my agent and offered a price. The seller agrees to the price and now doesn't want to pay for the realtor commission. Please let me know what I...
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...
Hi All - I have a rental property closed back in 2015. The AC unit was installed in the late 1980s. The Unit now requires annual maintenance (Freon refill and tune up). The cost has been going up everything year. Rece...
Would love to discuss the market in Binghamton. My daughter is a freshman and I want to see if it makes sense to purchase a multi-family unit close to the school for her and pick up some rental money as well.
Hey Guys!I came across a wholeseller that had 5 units (4 - 3/2s & 1 - 2/1) in a townhouse community in South Atlanta for $150,000 total. He said that each unit needs about $30-40K of rehab. I did some research on ...
With 10 properties, I believe I may be close to needing a property manager. That being said, after a review of the time spent self managing properties over the past year, self managing seems like the way to go. The c...
Hi, I live in california and am looking for an investment property in clearwater florida. The budget is 250k...if there is a cash purchase i'm interested in that or doing a down payment and DSCR loan. Any advice on wh...