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Hey all,My name is Tre and I'm just running the numbers are properties. Figured I would post this here and see what you all thought.For this MF, they are asking $129,900 and I would use an FHA at 3.5%.Income:Rent - Ma...
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Hello, my name is Paul. I've been on BP for a couple months, reading, listening to podcasts, and trying to learn as much as possible. I am very impressed with the culture of this community, how much others are willing...
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Hi Everyone!I need some Lease opinions from established investors. I'm new to the game and am having a difficult time crafting the "Rules" to my Lease. I just bought my 1st property (a triplex), which is in the state ...
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Hello Everyone:As an out of state investor in Minneapolis, I had a few questions about what certain things cost in the city of Minneapolis. I've invested in a condo, and I'm looking to branch out into MFR's and I'm c...
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I bought this townhome community with NEGATIVE leverage going-in. And don't regret it...What's negative leverage?When your cap rate < interest rate.In this case, we bought this property at a 5.5% cap and locked in ...
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A good friend of mine purchased 100 houses in Detroit for $300,000 about 9 years ago. Here’s how it turned out1. Sold 12 of the houses for about $270,000, some cash, some owner financing. 2. Still renting out 26 hou...
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*This link comes directly from our calculators, based on information input by the member who posted.
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I am considering an 8 unit building, and given the all of the trash created naturally, and the nature of it being located directly across from a liberal arts school, I am picking up that bill. Long story short, I can ...
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View reportHello,Analyzing this triplex in Rocky Mount, NC - 2 bd 1 bath per unit.Rent Report indicates a 2 bd 1 bath apt goes for an average of 785 a month in the area. However, I see it listed each unit at 325 look...
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I just closed on a Triplex last week and am worried I made a bad investment. I found this site after purchasing... Now with all the formulas and equations I've come across it seems I'm going to struggle. Here are the ...