Purchase price - $50KEstimated Rent $11005% vacancy = $555% Cap ex = $555% Maint. = $5510% MGT fee = $110Mortgage = $253, 20 year amortization @ 5% Taxes $116 per moInsurance $75 per mo total = $719 per mo2% rule = 2....
Long time reader, first time poster looking for some advice on a couple deals I have come across. Basically just want to see what property would be best to buy as a long term hold - Property 1/2 or neither. Appreciate...
I'm having a hard time locating the owners current address to the distressed properties I'm finding. Would using a company that specializes in skip tracing help me find a solution to my problem? If so which company wo...
Hello,I am new to BiggerPockets and am looking to get started in real estate investing. I will be moving to the Austin area within the next few months and have been on the lookout for a duplex to house hack. The marke...
In the interest of being more educated in dealing with contractors I'm considering taking construction management classes at a local college in the spring 2015 semester. Has anyone gone this route before getting ...
We're looking at a deal we have under contract as a possible build and hold. What price / SF are you seeing for rental grade new construction in Denver? Do you know anyone who is actively using this strategy in Denve...
Does anybody know of a good read to better understand cross-collateralization and blanket mortgages?
I get the basic idea of offering more than one property as collateral for a loan, and have actually done a loan wit...
Hello everyone! I am a young investor very close to closing on a 9-unit commercial property about 45 minutes outside of Boise (my first commercial property).This is an off-market deal with 8 of the units unfinished. A...
I'm looking for some feedback on the below numbers. This would be my first rental property, and I plan on a buy and hold strategy.Couple of things to note:125,000 is full asking price. I think the property is worth ...
I am wondering if building log cabin is going to create more equity vs buying an existing log cabin?How would someone approach analyzing it and what are the different things to consider? When is it generally better to...