Hello to all out there in the BP community! I'm a very new investor and am wondering if I could get some help analyzing a potential property - I've been using an excel spreadsheet I found here on BP, but being new, I'...
What do you guys think? Two 3-family apartment buildings on one lot.
Purchase price $300,000.
Gross rent:$4,800/mo - $57,600/yr
Cleaning and maint: $1,200/yr
Insurance: $3,400/yr
...
My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
Hi guys,
I'm curious as to how the pros go about hiring workers and what are the average rates you pay?
Do you usually hire a "company" to do the rehabs? or do you have a trusted contractor that you kee...
I'm looking to purchase an 18-unit apartment building. I am trying to find ways to reduce my gas bill. Can I split the gas lines and have my tenants pay it? How would this procedure work and would I really need a boil...
Hello everyone,I am finally under contract for my first Duplex. It is $185,000 and I am putting 25% down since I already have a primary residence. I am also paying closing cost. No repairs are needed and tenants are i...
Some realtor's are investors. Some investors are realtor's. Some investors are simply investors.This week I've made several attempts to contact realtor's about their listings and responses have been noticeably delayed...
Hi There,For those of you who currently own real estate or are looking to get started with your real estate ventures, I can not stress enough the importance of market research.My experience in property management has...
Getting ready to start on a new BRRRR and I'm getting things lined out. A goal of mine and a big passion is to have solar power on all of my properties, I've always been passionate about helping the planet and this is...
I am looking to increase the cash flow of my Quadplex in North Park, San Diego. The energy bill is quite high and I have been considering installing solar to offset some of the costs. I am going to do the actual bath ...