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Hi evrybody ,i am kind need help on deal i am trying to make it here .Asking Price 1,45 milion Purchase price 1.35 Downpayment 30% ( bank loan)8 units 9600Sf total Gross Operating Income 138,533 (Gross Potencial inc...
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I'm looking to purchase a mobile home and need some advice on the numbers and costs associated with mobile homes. I've never lived in a mobile home so I'm not familiar with the different problems that arise compared ...
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I've been doing some homework on how Rent To Own for a landlord works and have a few questions for anyone with experience doing multiple RTO deals.1. What is the percentage of renters who actually follow through with ...
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After you pay the 50% operating expenses and principal/interest on your mortgage debts do many of you still manage to have positive cash flow or are you all hoping the property will just appreciate?
Here is a test f...
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I own condos which are part of different HOAs.I see a lot of money goes into Insurance ( flood wind sink holes etc ) Some Small Associations around where I live (Tampa Bay - Florida ) have opted to go just with Liabil...
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I am looking to rent my unit and want to make sure I'm taking the proper steps to do so. The monthly rent is market average and I'm willing to drop it more if some times go by. I've had interest in the condo and had...
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Hey guys, sorta new to BiggerPockets. Was wondering: Let’s say I can live on ~$17,000-$20,000/yr Let’s say I purchase a $100,000 property and I knock out the mortgage in two years. Let’s say this property nets me $650...
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My first Forums post & it's a long one: Some facts, then options regarding Downpayment & eventual Cash Out I'm 31 with our first child due later this month, listened to most of the BP Podcasts and feel like I...
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The other day I stumbled upon articles on segmented depreciation and how it increases the depreciation in early years by doing this. It sounds like little bit of work to segment the depreciation amounts but seems wort...
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Hello! I would be so appreciative for some insight about this situation. Here is a broad overview: Tenants rent from elderly family members who do not have the means to take care of an old home which sits on a large p...