What are people's opinions on purchasing historic homes? Living in Upstate NY there are a good amount of historical homes (particularly brick) and I think it would be great to have some in a portfolio. What are some i...
Hello BP Members,I reside in San Gabriel Valley in california, about 15 minutes east of downtown LA.There is a good decent sized apartment complex not to far from where i live, i drive by there quite often, its on a c...
Good Evening. I'm a newbie in regards to real estate investing. My parents want to give me their house, which has no mortgage. Appraised value of the home per taxes being paid on the home each year right now is $80,00...
I purchased a "mostly" cosmetic fixer upper to live in for the next 12-18 months. The entire house needs a makeover and a few fixes. I am not handy in the least, nor does my W2 job allow me the time to do the work my...
Hi All!
As the title states, we manage an apartment complex with a strict no pets policy and were forced to accept a resident's dog when they submitted an ESA letter. Yesterday we received notice that the ESA (a pitb...
What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
Hi everyone,I am just starting out in multi family investing. What I am finding is, there are a lot of houses out there but not ones that will make me the CAP I want. Does anyone know anything about efficiency unit...
We are upgrading to a new house, and our current "starter home" is ideal for renting. Great location, HOA takes care of lawn/snow, house is only 18 years old, has a new roof and water heater. Our real estate agent t...
Investment Info:
Single-family residence buy & hold investment in Gainesville.
Purchase price: $85,000
Cash invested: $43,000
Sale price: $155,000
Purchased this off market deal with a privat...
My background is in commercial real estate. The only residential property I own is my house. I am a bit apprehensive about diving into residential so I want to start off small. Is there a rule of thumb that you use wh...