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Hello everyone! I've been reading the site for a while but this is my first post. We put in our first offer on a small duplex with two bedrooms in each unit. I am crunching numbers like crazy to see if it makes sense...
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New to the forum. I currently own only one home with ADU 60% equity. Ive been seeing many deals for vacant agricultural land. Full transparency, Im a builder and will build several homes on this lot in the future. Pro...
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Hello everyone!I'm about to put in an offer on a duplex in Moncton, NB but will need a cosigner for the mortgage, as I do not qualify (I just graduated university and haven't had a stable income for long enough).The p...
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Hello, I am evaluating an option with my wife to turn our current primary home into rental properties within a few years as my first step to becoming a real estate investor. Getting the expert's opinions on this would...
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Hi, I am in the process of buying a triplex, the 2nd and 3rd floor apartments are both 2 bed 1 bath and are currently rented at 650 including all utilities with no leases. I will be living on the first floor. Market r...
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I have a mortgage on my primary home, and 3 other mortgaged rental properties (making that 4). I have two other rental properties that I bought in cash. One I was able to get a HELOC on. The other, I tried to ge...
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I just found a duplex with some potential. How should I go about estimating the ARV on it? I am hoping for a step by step of what you guys might do when deciding what the ARV is. Or do you just ask the agent to do it?
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Goooooood morning BP! I am in the very early stages of jumping into the small commercial space in the near future from being in the 2-4 unit residential space, and am learning as much as I can at the moment! Pleas...
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Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
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I am analyzing a few fourplexes in Rhode Island.
When running the 50% Rule, after you subtract your debt service how much CASHFLOW would you shoot for per door?
$50
$100
$125+
$200?
Thanks!
Sam