Hello BP family!
My name is Karina and I will try to keep this as short as possible. I've lurked on here long enough to know essays aren't welcome. :-)
Well, I am a young, soon to be mom (whoa!), who ha...
First off, I would like to state that I welcome any comments and advice. This is my first go at investing in real estate, let alone development, and it seems to be everything from exciting to nerve wrecking.
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There is a REO listing agent who hires a local structural engineer to do a slab report on apparently any listing with cracks in the drywall. The listing then includes a report that typically measures slope of slab, s...
My neighbors are growing and smoking weed that is permeating my apartment , giving me headaches and making my clothes reek. I work around heavy equipment so being suspected of being high is reason enough for terminati...
Purchase price: $152,00020% down: $30,400Closing costs: $2500Monthly rent: $1295Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)Looks like a...
I own a few multifamily rentals and have been exploring single tenant NNN opportunities. Does anyone who buys these look at the long term conversion or development of the property in the event the tenant doesn’t renew...
Hi all,i am new to REI and would like some advice on how to look at a issue that exists with a duplex i am interested in.currently, the owner pays for the heat (oil) for the 2 apartments - his estimate is $4000 a year...
Good morning BP!I’ve been crunching numbers on multiple buy and hold rentals as well as brrrr investments in my area and I continue to have trouble getting deals to cash flow with the 2nd mortgage Loan Payment (down p...
Hey BP,As a SoCal resident, I'm considering my first RE investment to be somewhat local. With CA continuously realizing decent appreciation, I'm juggling the idea of invest here first before starting off out of state....
Hello,I just put a rental property under contract. It cash flows quite well, however it comes with 2 tenants who have a history of evictions (I just found this out today, after I had already put the property under co...