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Getting to the bottom of things
Howdy, as you're probably already aware, im a newbie, and i mean that when i say. I decided to get into Real Estate 3 monthes ago, took my pre-licensure classes and passed the test a week ago.
Now I hate to sound ign...
Jessie Staples
First rental property
Hello everyone!!!
Looking for advice on first property,
Currently looking at 2 different types of properties, one is a duplex in a small town, where properties don't go up much in value but has good cash flow, the ...
Marc Luzuriaga
talk me out of my first 4plex
Hey everyone, Looking at purchasing my first 4plex, a few details. i am already approved for the financing and while i would rather not put as much down as i am (25%) but its what needs to be done to get the loan at t...
Ron Jensen
Why would a landlord keep a nuisance tenant?
Why would an apartment landlord keep a nuisance tenant?Examples are: tenants who party, sell drugs, make too much noise at night, have police called on them regularly, cause problems and generally depress and bully ot...
Account Closed
Need help tracking income/expenses for my rentals.
I have 4 rental properties which I have been book keeping by hand for the last couple years. SUCKS! I am now looking for a program/spreadsheet that helps with my income and expenses. I am looking for a free and eas...
M. S
5 Unit Feedback
Hi - New to the forum and I am looking at purchasing a 5 unit in my area. I have run numbers inside and out and it seems like a good deal if I can get the seller to come down on the price but I thought I would bounce ...
Jesse Richardson
4 plex in C/C- market
BP, What do you think?Total Number of Units 4Purchase Price $80,000Initial Cash Invested $36,600Income Analysis Monthly AnnualNet Operating Income $1,250 $15,006Cash Flow $928 $11,141Financial MetricsCap Rate (Purchas...
Nelson M.
First Property Dilemma...
Hello BP,I'm getting close to finally pulling the trigger on my first property but I'm currently facing a dilemma that I thought I'd share here to see if I can get some much needed advice...I have my eyes set on a tri...
Jim Lou
Amenities for tenants to increase revenue?
So I had a great idea this year to generate some additional rental income. I have some rental properties targeted to mostly young professionals in Philadelphia. My tenants are all highly educated, well qualified, and ...
Adam Ng
13.46% CAP RATE in CA? Why is this still on the market for 174+ days?
OK. I'm new here, and I'm ready to drop some money. I can't for the life of me figure out why this property with a 13.46% CAP RATE (which is impressive for California) has been on the market for 174+ days but from my ...