What would you do if you inherited a luxury property with no mortgage? This is a home you intend to keep forever and leave to your children. Would you do short term rental (airdna estimates $88k gross per year at 55% ...
Hi BP community,
Long term lurker and newbie here. After a couple years of analysis paralysis, I have finally decided to take the plunge and invest in at least 1 property before the end of 2020.
I found bigger po...
So this is my first post as I venture into real estate investment... hi all! I feel enlightened joining up here and starting the learning process via the Podcasts and reading up.I wanted to get the most basic of advis...
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
DFW housing market is super hot (expensive) as you all know, which makes it very difficult for a newbie like me to get in the game. So it got me thinking, why not build on one of these small lots in South Dallas. Smal...
Hello,I was told that it is important to open up a bank account per rental property. I wanted to know if anyone has done this and if so what are the benefits and what banks are the best to utilize in the New England a...
Hello! My name is Bobby Weaver and I am a location independent entrepreneur currently living in Chiang Mai, Thailand. Originally I am from Pottsville, Pennsylvania - a relatively small town with coal mining roots a f...
Hi everyone, I have a rental property in the Bronx, NY and my tenants have been living in there on a month to month basis since December 2021 (original lease started December 2020). I want to increase the rent but the...
Hello BP family, I'll be quick, just checking to see if this loan is decent or not...Property type - InvestmentAmount - $165KDown Payment - 20%Credit - 760 and aboveRate - 5.375% (30 yr fixed)Origination Charges - $22...
I've been presented with an off-market deal for a 24 unit complex, but I'm not sure if the numbers look good or can be better since I've really only done SFH investing prior to this. I've run the numbers through the c...