Admitting that I am very new to real estate and am on a steep learning curve. We're the buyers and are looking at our first investment property (rental). Our offer was accepted by the seller--it's contingent on inspec...
I’m trying to lay out my plan for my first property. Trying to find a duplex for around 150k more or less. For example if I do a fha loan and my down payment is around 5k, how much extra should I have saved for this ?...
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Hi,I'm just getting started and was wondering if the winter and cold weather (I'm in Baltimore,MD) is a bad time of the year to transact deals especially in the cold weather states? anyone have advice or experiences? ty
Hi all
Looking for someone who’s been through this before and can give advice.
I’m under contract for a private purchase of a SFH in South Philly. Seller is great to work with and super flexible. We close in a mon...
Hello:
I have 2 situations that I have not been able to find answers to (at least to my satisfaction that they are correct). One is very rare and crazy, but the other I am sure has happened to someone out the...
In my market, I wanted to get into duplex's. Upon further investigation nobody is selling a duplex. The only duplex available is one side of the duplex. I have run the numbers and it will cash flow really well, but ...
I have 2 townhouses and a duplex. Although I have property, I'm still very much a newbie trying to figure everything out. On each property, the insurance I maintain is what the insurance company has quoted me for repl...
I’m a beginner in real estate investing. I am focused on single family home rental.
The house that i am looking into buying is in centerpoint alabama and purchase price at $100k.
The major concern that i am having ...