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I have $450K cash in hand. I’m looking at purchasing a mobile home park for roughly that amount. The park brings in $2850 in space rentals, $450 for one house on the property and an additional $1350/ month in owner fi...
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When calculating IRR should I account for equity accrual? Or do I only account for initial cash outflow and cash flows without principle pay down and appreciation?
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So - Here are the details of the deal and what I'm looking to do along with questions. Please help!!!!I am under contract on a property to purchase. I am going to do about $10k in renovations after closing. The purcha...
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View report*This link comes directly from our calculators, based on information input by the member who posted.I have not look at this property yet, but just running some numbers, and wanting to see i...
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Ok guys. I'm looking at this duplex that is a homepath property to owner occupy for the first year. Each unit is a 2/1, approx. 1,000 sq ft, has separate full basements and 1 car garage, built in 1976. Each unit needs...
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I have my dad’s house (he passed 2 years ago) and am wanting to rehab it & rent it. My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college. A full interior rehab will b...
Mods: Sorry for the repost. I originally posted this in the Real Estate Deal Analysis & Advice forum, but I think it better fits here. Please feel free to close the other thread.Hi All,My wife and I own an investm...
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Hello BP. I have been interested in REI for a while now and believe I am finally ready to take the plunge. I have been prying here and finally am making my own post. I will add a picture and more info to my account...
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I have a bit of a situation with timing.I have a good deal baking in the oven, it's moving fast and needs to close quick.I had intended to create a solo-401k plan for a purchase, but I have been dragging my feet on se...
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My plan
I plan on starting small with 1-2 SFH LTR in the Northeast Columbus and/or Akron/Canton area. Ideally, a property that only needs minor cosmetic improvements (paint, floors).
Pre-approved to $600,000
Sav...