My offer on my first rental property was accepted today and I already have a tough decision to make.
The basic info on the property:
-Asking 139,900, they accepted 134,000 and seller pays closing cost.
-Triplex with...
Hello everyone, My name is An Nguyen and I am living in Philaldelphia, PA. I have a question about one fixer-upper property within the area that I am looking to self-renovation with my father in law. Detail of the pro...
This is a wholesale property which comps are at $158k but selling for $108k. The GC came in with an estimate of $23k for everything that it needed, so the offer went down to $101,500. I'm focusing on capital gains,...
I’m considering purchasing a rental property or two in the Dallas area to use as a STR revenue generator and get my feet wet for some passive income before I retire. (Note: I’m aware of the new STR restrictions in the...
Hello, all. New to the rental property/landlord business here. We have a couple renting a house in Minnesota who is consistently behind on paying rent but they end up paying the full rent within the month, staying jus...
I know we're in a bit of a buyers market and material costs have gone up, but curious to know what investors are paying for ~1000 sq/ft 4x1 2 story frames with basement, in need of full rehab + additions(1.5 -2 bath) ...
Just looked at a property today that we'd really love to buy, tear down and rebuild.
The numbers almost make sense at a high level but I'm more curious about the financing strategy (costs) for such a deal...
We woul...
Newbie working on my 1st flip.I have 2 GC quotes. One of the GCs I've worked with him in the past and I know him for many years. Last year when I sold my primary residence he did not do an awesome job with the reno an...
Newbie here. How does one go about estimating Rehab/Repair costs? I do own my primary residence. And know some prices based on my house. However my house was move in ready when I bought a few years ago. So I do not kn...
I would love to get your thoughts on this deal. Even the cash on cash seems to be low but the cash flow is close to $100 per unit. expenses seem to be high especially on electricity part where 4 units were paid b...