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My wife and I own two paid for homes. Our primary residence in Texas and our vacation/retirement home in Utah. When I retire, we are trying to decide if we should sell our Texas home or rent it. I have used the Bigger...
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Hello BiggerPockets Community,
I'm a 31-year-old business owner with a thriving enterprise generating mid seven-figures annually. My journey in entrepreneurship has been rewarding, and I'm now eager to diversify my i...
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I am looking at a property (garden apartments) with 20 units, 100% rented. Gross rental income annually is $174,000. The annual expenses are listed as $71,400. The apartments were built between 2000-2005. I was wonder...
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Is Sulphur Springs a good area for buy and hold (for sfh and condo) for cash flow?Thanks!!
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There are 10 sfr for sale as a package deal.($169,000) All 2 bed 1 bath houses. All homes one the same street and on three parcels of lands. Tenants pay all utilities. All homes currently rented for 400 to 500 dollars...
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Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)
First Year Analysis
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One thing I learned is turning over units can be very costly. A quick way to keep expenses low is to have tenants stay in the unit rather than move out when their lease is up. What are some ways to prevent tenants lea...
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so every apartment deal if have looked at has considerable "deferred maintainance".Is there such a thing as a turn key "c" class property?Or, if it does not need considerable capex, is it then by definition a "B"?I ge...
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Thank you everyone in advance for your input! This is such a great community and I really appreciate any advice or input you can provide. This will be my first owner finance deal so I want to make sure I am on the rig...
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The property is a four family with some updated electrical and plumbing. The neighborhood is C rated area. I attempted to run a few quick numbers based off of statistical data and current rents. I would greatly...