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My first question to Bigger pockets... slightly nervous..
One of my co workers has a house that is going into foreclosure . She doesn't want anything to do with the house . She is behind on her payments. The house is...
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Hi,
I am looking at buying a few condo units (<10) within the same Condominium complex. I am hoping I will be able to reap some benefits of scale because of that. What are the pitfalls? What should I be aware of?I...
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I was wondering if anyone had any experience investing in condos. I've heard a lot of people say that they wouldn't get involved in them, but some of the deals I've been looking at make sense. Am I missing any unknown...
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I am newer to the investing space. I spoke with our agent because a package came up and it is a group of 5 Condo’s being sold with a 12% return. The concern I have is it’s in a HOA. They are care of the outside exteri...
Good Morning biggerpockets members! I have a question about analyzing a property. Ive been analyzing property using the 4 box method for rental property. I am not a pro member so i do not want to waste my 5 free times...
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Hello,We own 2 SFH that are full time rentals, we self-manage at this time. We also have a personal residence. Our 5 year goal is to have everything paid off, move out of the area and turn our personal residence into ...
HELP !So heres the deal.Its a 2 bedroom Condo.Asking $159,900 Looking to put down 20% ($31,980) -Condo Fees are $374 per month ($4488 Yearly) -Property Taxes $952 Yearly -$127,920 mortgage @5% (Probably High) =...
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When considering investing in a property, it is essential to have a clear understanding of all the expenses that come with it. To begin with, create a comprehensive list of expenses, including taxes, maintenance, util...
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Good morning dear BP members,
I am analyzing the below rental property deal in Florida:
Purchase Price : $ 50,000 (including closing, cleanup & rehab costs)
Amount Invested : $ 10,0...
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Is there a "general rule" for the number of units where it makes sense financially, to use a Property Manager (PM)? For instance, 5+ units use a PM? I am looking into making the move from a SFH to a Fourplex. I und...