Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Inc...
Hello BP! I'm finishing up my 1st investment property and am interested in self managing. What lessons can you share that could help me and other newbies? I've already started a journal with my renovation lessons an...
I'm reaching out to the bigger pockets community in hopes of meeting similar landlords/people who either have dealt with such issues while managing their own properties or perhaps someone with recommendations to help....
Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...
I'm stuck between two life choices: 1. Become a CPA2. Become a Real Estate AgentThe complication: I have always wanted to get into real estate investing. My parents own apartments and for the last couple of years I ha...
Good afternoon Bigger Pockets forum. This is my first post, and of course I'm looking for advice. My wife, and I are taking the plunge into real estate investing, and I wanted to consult like minded individuals on a c...
Currently my husband and I own three rental properties along with our primary residence. We are interested in moving toward small multifamily i.e. 4 to 6-plex to start. My question involves financing. We have a home t...
I’m a new investor and just this week, after about a year and a half of saving and learning, have just put my first property under contract (fingers crossed)! It’s no homerun but it will cash flow and has me thinking ...
Hello BP Community!
I have just purchased my first home in the Northern Virginia area and plan to house hack the property with two other roommates for the next two years. It is a three bedroom townhouse in an appreci...