Hello everyone! New REI here, and looking to get straight into a vacation rental property that my wife and I will maintain ourselves. However, something with the seller's Schedule C isn't lining up with my expectation...
Hey BP folks - so I'm considering my first commercial RE investment (5 units). Here's the basics:480k price, 25% down60k annual rents 6k annual taxes3k insurance3k utilitiesGood location, low vacancy rate (assuming 6...
I have a tenant that wants to move-in to my property in 3 weeks. I'm planning to reserve the property after I receive the security deposit but should I charge them a half month's rent to cover some of the vacancy peri...
About a year ago I decided I wanted to get into real estate investing and researched the topic (with great help from this site) for months. Me and my wife were about to have a child and were going to purchase a multi-...
Looking at making my second offer for hopefully my first property buy and hold. $78k single family split level. Solid neighborhood. 3 beds and 1.5 baths at 1609 sq ft. Traditional financing with 20% down. Taxes and in...
Making my first offer this afternoon. Offer is for a duplex that is cash flowing 1300 per month. I am going to offer seller, who owns the property free and clear, to do seller financing, in a deal where I will pay him...
I called a craigslist ad that I saw today for a duplex and here is the info on it.
It is being sold by a rehab investor so the entire property is rehabed. It is currently empty but one unit has only been empty a mon...
Hey Guy's, I need some experience on this one. I don't know much about owning and renting a condo, except that many owners don't like the hoa's.
Buy and Hold.
8 yr old condo unit, 1 of 10 total in compl...
Alright so I am analyzing properties in my area and found this duplex. I want to know what everyone thinks of my analysis, let me know if I missed anything, what concerns yourself would have if doing this deal and sug...
Hello BP Pros. Newbie with first post here. How many types of bank accounts do you use for the actual property management/bookkeeping activities? Do you have a checking account, a separate account for Capex etc, and a...