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Im currently in escrow for my second quadplex in Houston TX, this deal im financing with a 7/1 arm and the cashflow is around 800$ after expenses. My first purchase wasn't a home run by no means its taken much more wo...
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New member here with a question. My Husband and I found a duplex that we like for 165K including the minor repairs on it. We have plans to move a family member on the lower and rent the upper. We would be paying cash ...
Hi guys I’m currently negotiating for my first duplex in Chicago area. Duplex is up for sale for 155k. 2 bedrooms 1 bath each with unfinished basement. It was recently rehabbed with new roof, new kitchens, new bathroo...
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Hi everyone. I’m looking to invest in rental property. I am currently an Estate Manager with free time mostly on Mondays and Tuesdays. I am starting to look at condos in my area. 2 bedrooms/ 2 baths unit selling for...
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I just got my first tenants this week and now I'm trying to get my financial organization in place. I've recently purchased Quicken 2019 Home, Business, and Rental Property and so far it's been fairly easy to setup. I...
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I'm under contract to buy my first investment property to house hack. Alpharetta, GA, North of Atlanta.A duplex with identical two 2bd/2ba 1100sqft unit. I would say the property condition is class C. One unit is reno...
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I'd like to get some feedback on this property.
All-BricK, 4 buildings, 2 story, pitched roof, good exposure on main thruway
23 Units
1 occupied by on-site manager
asking price $690K, supposedly hitting 72K NOI,...
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Hi,
Im wondering what more experienced investors have found to be costs that they just did not realize were more important then they treated them when starting out.
Also, I understand the idea of "c...
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The monthly rent is about $600 per unit, with potential to increase to $650 in the next year.Each unit is $54,900, but I plan on buying 2 units for a total of $109,800. Thus the monthly rent would be $1,200 with the ...
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Hi, Do you guys see a difference in your first year revenue compared to later years? I bought a four family last year. It was a short sale. With 2 none players an a lot of deferred maintenance , I didn't do as well...