Andrew S.
Still in shock...looked at a few student rentals today
Still looking for my first deal and decided in our run down town that student rentals provide the best cash flow. I have done a lot of research and today was the day to finally see some. We have the worst economy...
N/A N/A
Weird, weird, weird landlord behavior.
I came across a "for rent" sign, called, and subsequently rented from a guy after he agreed to repair some things, or pay for items and I'll repair them. The apartment looked rough upon initial inspection, but appear ...
Joseph Cornwell
My first Rental property!
Hello Biggerpockets!I have discussed some of the details on my first project in other post, but I wanted to give an update on my first intentional investment property. A little background on me: I have always wanted t...
Account Closed
Working full-time AND Being a landlord?
Hey BP community, got something on my mind. When I first got my property, I decided to let it be managed by the on-site PM company (who is also the HOA, is that common?) Anyway, I had a horrible experience - horri...
Mehran K.
$55k Duplex Deal Analysis
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...
Mark S.
3/2 SFR: $45,000
Purchase Price: $45,000
3BR/2BA, 1000 sq ft, 25 years old.
Down Payment @ 20%: $9,000
Closing Costs: $3,500?
Principal & Interest (@5% fixed, 30 yrs): $161/mo
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Jared Virgadamo
Sell or Rent our house
My wife and I are newer to BP and real estate investing. We currently own a home in Clovis, Ca which is in decent condition but has some issues. Probably the biggest issue is we have something called "skip sheeting" r...
Account Closed
Do your cleaners issue you an invoice?
Hi BPers,I'm in the processing of hiring my cleaner for my first property. Does your house cleaner normally give you an invoice after every clean? Probably for your records, it would make sense to have invoices for al...
Nik S.
ConstructionProposal....Fair Price?!
Hi everyone!At one of my APT buildings, I have a 2nd story catwalk that needs replaced. The previous owner used NON-Pressure treated plywood and laid some regular carpet down on top of it. Problem is the carpet above ...
Steven DAmbra
Are Condos a bad investment???
brand new here, first post.. this site looks awesome though..anyway....-Almost ready to buy my first home/ investment. I never hear anything about buying/renting out/selling condos. Are they a horrible investment? Doe...