My boyfriend and I are new investors looking to purchase our first property. We have been following the bigger pockets outline of how to analyze a deal but when we run the numbers, it’s seems like none of the properti...
Investment Info:
Other buy & hold investment.
Purchase price: $648,000
Cash invested: $125,000
Purchased 4000 sqft home on 55 acres that will be owner occupied. Convert the 2 run down barns to a ...
Hello BP,I purchased a house to initially flip and my contractor in the middle of the flip kept asking for more money and more money. Eventually, I had to fire him unfortunately the cost has already surpassed my initi...
Hello BPRecently I heard a little piece from Marketplace on NPR about how Baltimore is facing a crisis due to it's very old infrastructure. Basically the whole sewer system needs to be replaced and there is a prelimin...
I am interested in how operating expenses are calculated on condos with fairly high HOA fees. For people who use the 2% criteria as in Mike Rossi's book, "1 Minute to Rental Property Riches" I know operating expenses ...
Hello BP Freinds, I need some advice.A vacant 24 unit property in the Shannedoah market of Miami. The seller offered 75% financing on a $1.9M purchase price + a buyers commission of $100,000. Initially the building lo...
My wife and I purchased a single family home about 3 years ago and we are currently thinking about either selling the house @ market value or renting it out. I would love to begin using this as an investment property ...
Hi my name is Eric. I am just getting into REI. I am looking to make my first purchase, I am interested in buying and holding, but also flipping. I live in the greater Seattle area on the North end and don't have the ...
I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?
Hey guys, Here is my situation. I have a house in a class c neighborhood. I am renovating it now. The house has updated 100amp service, and a oil furnace. I had a quote for swapping it over to a heat pump. For $4200 I...