What do you think of this deal? 12 unit, nice nhood, 75000 mo rents, 24,000 NOI, sale price $350K. Expenses are high; I can save $10K by handling property mgmt myself, which I do. Would value your input. Seems like a ...
Hi Everyone,In terms of rehabilitation for a house that you might want to flip or rent, what is the best strategy to analyze how much rehab might cost you. I understand that rents and flips will have different criteri...
I have a deal in the making that I’ve never done.
Here’s the scoop
It’s seller finance.
Cash would be $159kI would need to discuss this with my attorney but the nuts and bolts would be $184K purchase price, 7% in...
If you were a contractor or a real estate agent or a property investor or a landlord etc in the state of Minnesota, would you use the service of a junk removal company on a contract basis if that company was able to w...
Hello BP members!
I am looking at a unique property in Naples, FL that I want to know if it is up to code. This particular property has 2 single family homes (4/2 and a 2/2) and two efficiencies in the back of the pr...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
If you are doing multiple renters under one shared roof w/common living areas like a kitchen/etc, then do yourself, your investing dreams, and your renters a MASSIVE FAVOR by learning & implementing coliving pro...
Hi all, I'm starting to look at designs for a new build in a small college town, but with a reasonably large student body that drives a lot of traffic in/out of town throughout the year. My family has been in student ...
Purchased a home two years ago, had a home inspection. Inspector mentioned minor cracking in stem wall, nothing of major concern. Suggests having a foundation specialist look at if there is concern, which was not done...
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...