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I am just getting my feet wet in real estate, and figure there is no better first post than my first deal! Below are the basics, let me know if you have questions. Just looking for some basic analysis and advice - w...
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This article posted on the Wall St. Journal site was interesting.
http://online.wsj.com/article/SB10001424127887324761004578282240778834074.html
It talks about people losing interest in stocks. It doesn't mention t...
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Did anyone ever bought a multifamily in southern California as their first investment?
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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
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I've been using college kids, just out of college, stay at home mom's, etc to work on our crew to help fix our flips. We subcontract concrete, roofing, and exterior painting, siding, windows if we are doing the whole...
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Hi Everyone!
I have a 5800sq ft, 4 unit apartment building in New Brunswick, Canada that I bought a couple of years ago. The building is quite old and has lots of old/dated wiring that has made it un-rentable until i...
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Hey BP! This is my first post and I'm still very much a newbie in the REI world. I've listened to about 5 podcasts so far and I'm digging all the great info and interviews.That being said I live in the SF Bay Area, wh...
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Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
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My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
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Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...