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I am finally in the position to be able to purchase my first property, I am pre-approved, have the capital to spend, and am running the numbers for every property on the MLS in a 40-mile radius. The problem is after ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $315,000
Cash invested: $85,000
First investment property, property pays for itself and then some. I bought ...
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Hello all, I have a quick question about the Cap Ex and having a home warranty; are you not preparing for some of the same things by having a home warranty as you would be by setting aside said amount for Capex? I hav...
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Hey everyone! I'm a 20 year old from the Buffalo, New York area who is looking to break into real estate. I currently make just over six figures annually with my only expenses being a car and (soon to be paid off) stu...
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Hi All, I just read the 7 years to 7 figure wealth that Brandon Turner wrote and had some question. In his examples, he talked about buying a $100K house for $80K. My question is, how do you determine how much the ...
Hi everyone, this seems like such a basic question but I was hoping someone might be able to give me a full understanding. I have a leads list that gives me the following:
Estimated value
Estimated total loan balance...
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So I found a good deal, the numbers work but who is to say even if the property is listed at fair market value I will have any tenants interested? If the demand isn't there I could be in trouble. What factors can I ...
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Either I cannot seem to find an answer to this on the web or I am using the wrong search terms. I am trying to figure out how to calculate ROI in the following scenario. Our original primary residence. Bought 18 years...