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Ok, Here is the situation, I found a property in a nice area, is a total rehab. They are asking for $199000.
I believe that final price after repairs will be $300000 to $350000. Repairs seems to me will be close to $...
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Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. That being said, I'm lookin...
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We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...
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Here's a question I can't seem to answer myself as I'm deciding how I want to go about things. For example a unit payed off could CF at 1000 per month which would be worth 5 units CF at 200 per month BUT if you pay th...
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Hi Bigger Pocket Members, I have a 2bed/2bath,1200sq ft. log cabin in Maggie Valley, NC. I pay my house keepers $36/hr to clean the cabin which usually averages 3 hours per cleaning. I stay rented with maybe 9 to 10 ...
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Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rent...
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Hello BP Community,
I am currently deciding whether I should HouseHack in Southern California, which as we all know is a very expensive market or invest out of state in the Cleveland Ohio area. What are the pros/cons...
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Mistake No. 1: Investing Emotionally
Instead of making a multifamily real estate investment based on balance sheets and merit, some investors make what I call an “emotional investment” in a property. Some investors s...
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Negative Cash Flow, 2 Family - Advice & Analysis
Introduction
The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...
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I am reading, studying the market, watching interest rates, basically doing everything I possibly can to get started in this, but I feel like I am spinning my wheels. I apply for an equity loan to use as my down pa...