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My tenant complained they saw a bug in their unit. I paid an exterminator to come in as there were no bugs two months ago when I lived in the building (a duplex).The exterminator said there is evidence that the lower ...
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I am in last step in closing process and tomorrow. I should be signing papers and closing on the property. We gave the seller a list of things to fix in the property prior to closing such as broken window and open hol...
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What all appliances does everyone include? Anyone including dishwashers, ice makers in the fridges, garbage disposal?
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So I received this certified letter in the mail... crazy that it costs almost $7 to send. The mainman said he had like 30 to send around the neighborhood.The building in question is across the street, one old house on...
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I am trying to learn about annualized return, cap rate and gross yield percentages. I am not a numbers person so if someone could break this down on a simple level or direct me somewhere that could I would appreciate it.
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I recently came across an opportunity to work with a local non-profit that is considering renting one or more of my properties. They help women get out of bad situations by providing housing, counseling (mental health...
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I am interested in a 4-plex in Houston,TX. The property is listing from a wholesaler for $133,500. CAD appraises it at $179,000 and it has gone up from $135,000 in 2010. Wholesaler says it needs $16,000 in repairs. I'...
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Here is our next project.This is a 3 bedroom 2 bath foreclosure that was a hoarder house. There was about 40 yards of garbage inside. Here are some pictures of the outside. I didn't get any pictures of it before the t...
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Whats the difference between ROI and CAP Rate.
I know that cap rate doesnt take into account the financing.
So how does the ROI account for financing.
The Property Analysis Tool gave me a 108% ROR aka ROI for a proper...
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So my fiancé and I are currently looking into house hacking our first duplex. Now I've run the numbers and my mortgage should come out to about $600 a month and the other side is currently rented out for $550. I think...