Bryan H.
Possible MHP Turnaround ??
An 80 year old widow is looking to sell the park her husband built back in 1969. It has 25 lots of which 9 are occupied. I'm told they are all family and have been there pretty much since the park was built. All ho...
Dailin Fajardo
Financial Goal
Hello BP!
Well i wanted your idea and suggestions on a goal I have. I want to pay off a $7,000 loan in the next 5 months. If I were to use my money from my job to pay it off in 5 months I would have to use up...
Ryan Melander
Duplex - low income rental property
BP community!I would like to get your thoughts on a duplex in a low income area.This is a property in Louisiana in an oil and gas town, so it has room to grow. The property currently has a contract with the state hou...
KC Emerson
Buy to live, then rent in SoCal
Friends on Bigger Pockets-I need some opinions. I am 23 and in the expensive Southern CA market (specifically northwest LA suburbs, past the SF Valley) but dying to get into real estate investing. I have been going ba...
Jerry Ellis
Are my numbers right?
I've been looking at properties and crunching numbers. I feel like I'm missing something so I'd appreciate someone looking at this example and providing feedback. Note that I don't know for sure about the closing cost...
Becky Farnsworth
RE Investor becoming an agent
My husband and I own a few rental properties in the Boise, Idaho area and we are planning to sell one soon, so I have decided to go to real estate school and become an agent. I have always loved real estate and wante...
Young Kim
How to purchase a duplex, triplex, or quadplex?
Hi, I am living in Southern California at the moment. I am currently unemployed because I resigned from my previous company and decided to pursue my career in real estate. I am studying for real estate license exam an...
Peace Lily
Bathroom Heater Fan Costs Too Much for Rental Apt?
Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...
Rebecca Styer
Crazy Seller Financing Terms
I saw a craigslist ad for a 3 unit for 120K. I only have enough for about 10% down right now so I asked the seller if they would consider seller finance for three years. Here were his terms:10 yr amortization @ 10%, ...
Chris P.
Help with deal analysis.
can someone help me analyze this deal. This is my first true analysis that I have tried and I don't know if I am even close to having the numbers right.4 : 2 bedroom one bath units, one has been updated and read...