In 2018 I bought a turnkey rental house from Memphis. High cash flow and all that.Purchase price $79,000 rented for $835Money due at closing to acquire the deal was $23,374. This does not include the inspection cost I...
Doing du diligence on a duplex in Garfield Heights listed for 135$. The overall tax is 4.3%. The last appraisal for tax is 71K (so about $3K/year). My question is, when the county does the next appraisal in 2024, what...
Hi All,Long time lurker here on the forums and with the help from all you folks, I finally made my first step in real-estate investing and got my first house under contract!My question is regarding the second round of...
What strategies are seem the best to finding private money to fund deals?
Long story long, I'm currently setting up 2 STR properties (these would be my first).1 property is a 4/1.5 with a working washer & dryer1 property is basically a 2/1 with no washer & dryerI'm definitely gettin...
Newbie here getting ready to buy my first 2-flat. I plan to self manage. I’m curious for my model what people budget on average annually for vacancy, repairs, upkeep, etc?
Hello Biggerpockets Community.My wife and I live in the East bay in Northern California. I have about 10 years of property management experience working with condos and aparments.I have done a bit of studying market ...
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Hey fellow BP memebers! I've been actively searching for and analyzing multifamily and single-family deals, making calls, and submitting offers. Recently, I learned a valuable lesson that made me step back and reasses...
From what I've seen on my time on BP, success can be found in interesting markets. What are your thoughts on Odessa, TX?