Matthew Heffernan
Very new, looking at income property in central PA
Hello! So, I'll start off by warning you that I am a complete Newbie.My name is Matt. I am not familiar with the RE industry, but my wife became a Realtor 1 year ago and has learned quite a lot and built a good base ...
Ethan Yuan
Feedback Please on 12 SFH for 2.4M
Hi all,I would like some feedback on this deal where the seller is selling his portfolio of 12 SFH all located along one street in the Dallas/FW area. All numbers are based of financial provided by the seller for past...
Anthony Bertolino
INSIGHT REQUEST: How do you run your rough draft numbers?
Greetings Bigger Pockets members,I am plunging myself into the Real Estate Investing world and trying to ingest as much high quality material as possible. In between listening to podcasts (and my first audiobook), rea...
Purva Mehta
Help needed with buying property pre-foreclosure in Houston, TX
Hello BP family, I am currently working with a residential property owner who is about to enter foreclosure proceedings. I was initially thinking of a lease back option, but reading through some of the forums it seems...
Tyler Wehrung
My First Commercial Multifamily
Hello BP,I've been on the hunt for a 5+ unit building for awhile now and have finally found one in my local area (northern Cincinnati) that the numbers look decent on. It's a little bigger than I was planning on, but...
Jayson Greenblatt
owner occupied first purchase
What is everything that should be considered when living in your investment? Im considering a 4 family and living in one unit.Asking price $430,0003 2br apt $1200 each $3600 monthly1 1br which I will occupy.Taxes $7...
N/A N/A
Realistic profit margin ?
Call me crazy, but after gobs of research I believe I can consistantly buy/sell distressed (HUD, VA, bank owned) properties in my area and average $10-12k net profit with a average 90 day turn. These would be houses...
Stefon Bostick
50%, 2%
Hello to all out there. I have already asked a couple of silly questions yesterday so i thought i'd continue today with more. Anyways, i've been reading alot about this 50%, 2% Rule over and over but due to my la...
Matt S
$ set aside for rentals= survival
in general is there a rule of thumb when it comes to how much $ to set aside for each rental property. $ that would be used for repairs, to cover late rents, etc...?
I have a tenant who is now late 2 straight months...
Jason Wilde
Rental Expenses and AGI
Hello. Long-time lurker here. I'm hoping that someone here can help me.I'm trying to estimate my AGI (assuming rental income only), but am struggling to find straight answers. I have my lease agreements set up where I...