Hey guys, Been reading the forums and listening to the podcast for awhile now and I've learned a ton. I started looking into real estate about a year ago, but i got laid off so I hit the brakes on doing anything. Fort...
Hello,I have a wholesale deal I have been analyzing. This is my first investment property to analyze ever and I would like to know thoughts of the BP community. The property is in need of rehab. The rents are estimate...
I received this information about a potential deal, but it is not adding up to me. The broker is telling me that 2 units rent for $800 the other 2 for $750 the asking price is 350000. But the rental owner statement i...
I am looking to purchase a condo in a decent area, imo ( Phoenix AZ).Currently it is on the auction site Hudzu.com. Currect bid is $42k. Asking price is $60k.Here are the numbers based on a $50k purchase price: C...
Choosing to pay utilities seems antithetical to most advice I've heard, but hear me out.My husband and I just bought our first investment property. I am a nurse, he is a surgical resident. As the one with more free ti...
Hey guys, I have a lead on a two unit that I am having a hard time finding comps on in the area because the majority of this area is single family residences. This property was bought for 115k in 2006 it has a curre...
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...
Hello BP, I am looking to 1031 a few properties that I currently own in Redding, CA and roll them into a larger investment with better cash flows. In short I have sort of house hacked a 4 plex and an SFR and would lik...
Re: $380,000
·$195,000 for acquisition
·$185,000 for repairs
·Seller willing to hold 25% of total in 2nd position
·Buyer puts 1st year of mortgage payments and taxes in esc...
I know the 1% rule is the ideal case, but that is no longer practical for most parts of Ontario especially Toronto GTA, is there anyone who has experience with renting with .6% or even less yet having positive cache f...