I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...
I’m in contract on a small deal for 500k. A long time friend of mine expressed interest in being a cash partner, simply looking for a better return than his savings account. This would be through monthly cash flow or ...
Guys, i have been actively hunting down for a SFR property and came up with following analysis after doing BB Rental Property Calculator on a brand new SFR:COC ROI = 2.78% when i have estimated:1% Capex, 1% repair, 1%...
I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
I am a new potential investor. I'm still lurking, reading, learning here. My long term goal is to take early retirement from my company within the next 2 years, and buy a couple of multi family properties to supple...
Hello, I am looking to be partial owner of a property that is 2 blocks from the beach in Southern California. I would be sinking most of my earnings of $150,000 into this property to own 11%. The property would be pur...
Hi BP Community,I bought a duplex in 2009 in San Diego and have accumulated equity (on paper), but it has never cash flowed. I have since relocated to Georgia and I'm considering cashing out in San Diego to build a ...
I have been trying to research the least expensive way to keep my records until I build my real estate rentals more. I tried to set up quickbooks online, but without paying $720 a year for the ability to do class tra...
As I consider adding another property to my investment portfolio, I'm wondering - What do you consider "good" cashflow for a property? Personally, I'm considering the purchase of a unit in an area I'm very familiar wi...
Rates are supposed to go down. All the major forecasts for mortgage rates are still pointing slightly down for 2025. But ever morning for the last 2 weeks I see the 10 year T-bill up another 10 basis points or so, and...