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I currently have a home that I have had for 4 years. Bought it for 90k still owe 80k valued at 114k. We plan to move into something a little bigger in about 5 years(have our second kiddo on the way). I can also have i...
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I just calculated the cap rate for a property I'm going to develop within the next year: 20% Here are the numbers:$40,000 to build$30,000 for the land2 UnitsAnnual Gross Income: $24,000NOI: $14,000 (conservative estim...
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I am a wholesaler but have a question on a deal I am going to sign a purchase agreement for Monday. The house was apparently on fire on the porch for a few minutes. Seller says that the "bones" of the house are fine...
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Hey all:I'm analyzing a rather unusual situation. It is a commercial property with 3 retail stores/offices that are all filled at or near market rates....HOWEVER, there is an apartment above the commercial spaces. I...
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Hello, I'm based in California and want to get my first property. Looking at central or south eastern Ohio. Hoping to learn about real estate investing in general and some common mistakes I should avoid. Thank you
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First time posting on BP but need some advice! I currently own a townhouse in Savannah Ga and I short term rent it. I bought the home a little more than a year ago for $168k with a 2.5% interest rate and now it’s wort...
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Hello everyone! Just wanted to jump in to the forums and say that I just made my first offer on a rental property in Memphis. I'm pretty excited about it and hope they accept. Who else has experience in the Memphis...
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I have a client who wants to sell 10 lots he had since 1980 or somewhere around there. I found all the records online but it doesn't show the land has a code for sfh, or any codes at all.
I have tried emailing the to...
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Hey everyone! Looking to pick at some big brains in here.I'm a newer investor in the western slope area of Colorado. I'm working on getting this property under contract so I can offer it to my investors (I don't have ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $102,000
Cash invested: $10,000
Sale price: $85,000
When I bought this home I had no idea I had become a real e...