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I need some advice. Let me start by saying I found a condo in my area (Boston) that I was under contract to buy. It was a 1 bedroom, 1 bath, and I was excited to not have roommates any more. My mortgage, fees and budg...
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Hello Folks!Got a newbie question. I recently closed on my first rental apartment here in NY. The seller is renting it back from me for the first year at least. My question is do you have a separate account where you...
I am a new real estate investor and have been looking into single and multi-family units to get going with my investing but have come across a mobile home park for sale near me in Spokane, WA. Certainly much more tha...
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Looking at the number of rentals available in the market, looks like there rental market isn't very strong? How easy is it to rent out a SFH in Plano area? Also the numbers don't look very nice. Buy a SFH for aro...
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A retail building right on highway of a suburb of Metroplex. It is ~9% CAP with 100% occupancy. A corporate lease with 4 year left occupied 70% of the property and several smaller tenants occupied 30% with ~3 years ...
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Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
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Here is the deal, would like to know what others think:2 bedroom 2 bath condo bank owned.Listed at $201,000. Would like to offer $175,000. Estimates are $30,000 for rehab. Rents are $1600. HOA is $250/month. Taxes are...
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Hi everyone, I'm a newbie... found deal in North / Central New Jersey. Used the rental calculator. Questions: Did I use the right calculator? Should I buy the property.Here's the details. 2 Family - 3 stories built 20...
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I’ve been a bigger pockets member since sometime in 2011. I originally joined just to read up on different topics thinking someday I might invest in multifamily properties. I read and read trying to educate myself on ...
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I am considering buying my first small apartment property to own myself. No syndication/partner deals yet. I'd like to try a small deal first before seeing if this is really an area I'd like to focus future efforts....