Hi Everyone,
I have one rental property and a primary residence. I have bought 4 total homes in Texas but I don't know much about REI so please be nice to me or else.... bwahahahahah
Objective:
1. take out a HEL...
This will be my first multifamily and looking for some advice/guidance. Would you purchase a 14 unit consisting of 7 duplex's in rural Georgia?
The numbers look great so far. Asking price is $320k and units are rent...
I'm looking to up my monthly income but am in need of advice. I realize I can't get accurate answers if I don't share some realistic numbers. How and where do I draw the line (on BP) when it comes to dollar amounts?
Hi, I just joined BP and am analyzing my first deal in Wisconsin. At first glance this property I found on Craigslist seemed like a good deal, until I ran the numbers. It is a 6 unit fully rented (5 one bedroom, 1 two...
Super excited and pumped! I've been totally consumed with learning all I can about RE investing (books, podcasts, etc) and now I'm ready. I've landed on Pittsburgh, PA as my first property location. I've been looki...
We have a rental property in southern Westchester. We are using a real estate agent to find new tenants for our house and paying them 1 months commission to represent us. They are recommending tenants who are us cit...
Hello BP,I will be purchasing my friends SFH for 170k. It is appraised and the current market value is $210k. May I draft up a purchase agreement for 210k and have him cut me 40k at closing?I would use the funds for d...
I am looking to buy an apartment complex in the greater New Orleans area. I am from the Midwest where cap rates are high and you can have positive cash flow with 10-15 year loans. In New Orleans area, cap rates can be...
Hi all, I'm doing real estate investing as my primary/only source of income these days. I am a stay at home mom, so it's clearly not my only job, but the only one that pays me. :) I have the ihour app that has been ve...
Can anyone quickly share a math model of a the depreciation recapture scenario below? Thanks in advance for considering.
Purchased a home for $700k
Completed $25k in renovations
Completed a cost seg study (80% bonu...