I am working on purchasing a 700sq/ft cottage (second home) that I believe fair market value is ~$210K-$230K, however, the buyer bought it in 2021 for $225K (and put about $15K into it) and a realtor told her it is no...
Hi,I've been following Bigger Pockets for a few months now and am analyzing a potential first deal with two trusted partners. Here are the numbers:2 family attached, 3bd/2bacurrently generating $2000 / month to month ...
Quick question - would you consider a 4-plex (owner occupancy - VA) in a highly appreciating area if it's towards the top of your budget and only rents out for about 1%? I can give more details if need be - but I do w...
Hello, have my first opportunity to buy 6 properties from an investor.Bottom Line: 216k for 3350/month in rent. I posted the full analysis below and these numbers seem like they would work, my worry is this is a bigg...
I'm in process of closing on my first rental purchase, it will be a STR. It will be 40% down payment, 60% financed.I'm already looking at my next property. What are tips and tricks as you scale out your properties o...
Hey crew, question for anyone, if my fiancé and I have about 250k in debt from rental properties will we have a very tough time getting approved for say a $500k primary residence? Even at a 200k household income I’m b...
Hi, I have a situation that I haven’t been able to find on previous forums. I own a rental property free and clear. The tenant has caused damage and broken the lease so she is going to vacate in December. My question ...
A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
All five have renters in them and I'm house hacking in the 3 flat. I want to discover strategies to pay the loans off on these properties as quickly as possible. So would you flip homes until you pay off the loans o...
Ok my realtor sent me an email for a turnkey deal. it's a 34 unit apartment complex with management already in place. Strong well maintain community. The purchase price is $2,040,000 It was built in 1998, cap rate is ...