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Investment Info: Buy and Hold Duplex in Minneapolis, MN
PurchasePurchase Price: 302,500
Remodel Budget: 50,270Initial Loan Terms: 5.125% interest rate fixed for 5 yrs, 25 yr am, 246k loan (80% LTV) - $1953/mo PITI. ...
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In Midwest cities such as Indianapolis, Detroit, Milwaukee where there can be some really cold winters, is there a concern about the old plumbing system in the home? I've heard of old pipes bursting and causing costl...
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If you were given $20,000, & had no other money, how would you turn it into $100,000? & how long would it take you?
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Hi BiggerPockets:First: what a great internet forum for REIs. And kudos to the web design team; great interface with the website and the iPhone app. Second: About me. My name is James Miller. I'm a native Texan who cu...
I have a guy who responded to my ad who said that he would like to be my Real Estate Mentor. He told me he is a 50 year old millionaire from CA and he has fourteen students. He usually has one student in every area an...
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Hello out there in BPland! I would be grateful for any thoughts on this potential deal. It is my first and I'm nervous because it looks pretty good to me, so I must be screwing something up! I have a deal in contract ...
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I have a tenant contact me for a negligent property manager we hired. She showed the records of her contacting the PM for repairs with no or delayed responses. Some were pretty bad like AC/heating or major appliances ...
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So I'm a new investor located in Michigan and I purchased my first 4plex about two months ago and one of my four tenants has been a pain on every level and I would like to hear what you guys think I should or shouldn'...
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To give a little background I recently took a 5/20 year balloon loan (if I understand correctly) where the loan amortizes at the rate of a 20 year loan but after 5 years the balance of the loan is due. Basically what ...
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So here's the situation in front of me that I'd love some outside thoughts on...
I bought and live in a 1911 4-unit building. Lots of work to do, great cash flow, the area is rising from the ashes, it's on the water...