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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
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Is a vacation rental in Kissimmee / Davenport a bad idea? Prices seem to be rising but there is so much inventory. Is it possible to make money on a mortgaged property? I’m thinking 4 bed pool home...
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Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
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A house I'm considering purchasing has a pest problem, and there are a lot of rodent droppings in the garage and attic. If I go through with purchasing it, I'm planning to hire a pest control company to get rid of the...
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Hi,
I know this forum is mostly about real estate investing, but I also know that this is the best place to ask about the details of a cash deal. I am about to purchase my first house (I will occupy). Up until now I ...
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Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $91,200
Cash invested: $70,500
The nightmare scenario they warned me about on the BP forums!
...
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I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
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Buyer gave me a low-ball offer. Then they came up to $95k all cash, saying that's the best they could do. OK.... Well, I said $99k was the lowest I would go, considering the buyer's agent commission % is really comi...
Hi there BP community. I was curious if anyone out there owned or are investing in beachfront property or property near the coast and how covid has impacted you. Whether you air bnb, rent it out (seasonally or year-ro...