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Hello All,I wanted to post this "idea" of mine and gather everyones feedback. The neighborhood in which my aunt lives has decent size land plots, my aunts house is approximately 4000 sq. ft. In addition to this she ha...
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Hey BP Gurus:
First off, I've enjoyed BP immensely.
I have a deal that I'd appreciate some feedback on.
I have a SFR in my neighborhood where the sellers have accepted a purchase contract. The deal points are as ...
Hello there, I'm getting ready to jump into this career/lifestyle and now I'm trying to "pencil" things out. For a little background I'm in Central Florida with a history in insurance and construction. So I'm thinkin...
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I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...
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Hi all,
Was just wondering what a good rule of thumb is when calculating savings for incidentals on a property?
Thanks in advance!
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Hi guys, Hoping someone can help. I’ve tried to figure it out myself but can’t. I want to approach someone I know about buying a property from them. Here is my dilemma with numbers: My offer will be $60,000 w/seller ...
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I have a few 1 bedrooms with a huge living rooms, approximately 14 x 16. One even has a nice little Nook in one wall, where I’m thing about putting a Murphy bed. I figured it would take a Saturday and about $450 in ma...
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Hi All,Just out of curiosity. Would it be advised to borrow from 401K to buy a second investment property? I'm in the process of buying my first rental, but would love a little more cushion to purchase a second. I'm 3...
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I am new to real estate investing and looking to invest in remote areas for cashflow properties. How do I check rent for the properties. What are the different sources? How can I get approximate rent for analyzing the...
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I've found a potential deal that I may be able to buy before it goes to the courthouse steps for sale. It is scheduled to go on August 8. Is there even enough time to get a deal done with the current resident, before ...