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My first 3 unit apartment building .... purchased at $235k with 3.5% down, seller paid all closing cost, my initial investment at closing was $9186. Exactly the same building right next to mine closed a day later a...
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Hi All,
I have a simple question with a not so simple answer.
Do we invest in index funds (Vanguard) or do we get into real estate?
'Ye Ole Wall 'o text to follow:
We have ZERO debt, no mortgage, no car pa...
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Our personal home has been on the market for 6 months and has not received a lot of attention. It is currently unoccupied and in turnkey condition. We are using a realtor and I think they have been adequate if not es...
I found a Triplex for sale for $219,000.It consists of:Main House 3/2 (Could rent for $1,100)Apt 1 - 1/1 Occupied $500/moApt 2 - 1/1 Occupied $500/moTaxes - $2,200Insurance - $1,300? (Guesstimate)Vacancy - 7%Repairs -...
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I can't believe this is as simple as going into my bank and asking so what's the best way to find bank properties?
I own a condo in flagstaff and a house in Colorado. I want to sell both to buy a house in New Mexico. How do I do this without taking a huge tax hit?
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So I've been doing tons of reading on this forum, listening to podcasts, reading articles, and running sample numbers on random homes for practice to get ready for my first STR.But the more I read into it, the more ol...
Hi everyone,
I'm new here so forgive me if I am asking a question that I can find the answer to easily.
I am an owner occupant in a hot rental area of Philadelphia. I want to move on to another house an...
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Hello fellow BPers, heres the scenario:I want to get a mortgage for multifamily property. I am self employed, I claimed unemployment since march of last year (2020). I’m unsure as to how this may help or hurt me. I li...
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I am completely new to the concept of investments and investment property (and new to this site). I've done research on rental properties and negative cash flow but am unclear how to actually measure if something is a...