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So this is my first time using these calculators. Several times I've changed the purchase price, repair estimated costs, as well as financing details (interest only payment vs. not, amortization over 30 years vs. 1yea...
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I would like everyone to help me analyze this possible deal. I'm about ready to purchase another multi-unit property. My plan was to buy it as a primary (live in one and rent the other for a period of time). A loca...
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Hey All -I'm trying to analyze my first "off-MLS" deal and would love your thoughts. What am I not taking into account and what assumptions would you change? I'm expecting to do a traditional 20% down mortgage (and lo...
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I have a friend who owns a SWH in SoCal and he basically has a squatter (MHO) who he has made an arrangement with a property he bought back in '07 - '08. Here is the basic situation. The lessee family are living in t...
I just started looking for potential investments on an auction site and found a potential investment but I can't seem to find any qualifying loans. every lender that I have called said they don't provide 203k loans Fr...
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I purchased 11147 S Longwood in Chicago on June 26th for $159,000 @ 4% down with all closing costs paid by the buyer. The home was listed for $200,00. The home was listed as a SFH with related living. The home has 2 ...
Hi there,
I live in a older recently renovated multi-family community and in the last monsoon storm a power surge caused all our electrical to the community to be fried. The property management did admit that some of...
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
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Hi Everyone, I'm just getting started with multifamily rental properties. I'm thinking about this duplex for my first deal but not sure if I'm on the right track! Any feedback is appreciated. View report*This link com...
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I am looking at a couple rentals in town. They are older houses but are in pretty goo shape. There are 3 houses with a total of 6 renal units. All 6 together bring in a little over 2000 a month. The only thing is ...