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I chose flipping a property as my first RE investing endeavor. I am ready to do my first flip. The only thing missing is a contractor I can trust, or a few. I am confident I can get a good deal and come up with a very...
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*This link comes directly from our calculators, based on information input by the member who posted.
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so I have still been looking for my first real estate rental here are the numbers:(asking) price 69000, im using conventional loan with 15% down. The home needs about 4k-6k for repairs. The arv is 85-90k for similar h...
Good day everyone, I'm new to BP but reading a learning a lot. As such my wife and I have a SFH that she owned before we married that we now rent. The property makes cash flows with about $210/mth extra. My questi...
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My wife and I currently live in a single family home. We rent the bottom floor with a full kitchen, bathroom and two bedrooms while we live on the upper floor. The ultimatums are paid by us.What types of claims can w...
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Hi BP members,Hope all is well.I have been managing my own expense report and am stuck on what I feel like is either obvious or I am just oblivious to it. In my expense report, I include 5% maintenance fee for any fu...
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I want to elaborate on a term I ran across in my real estate dictionary. "Cost to cure - The amount of money it will take to remedy a cause of depreciation. A curable defect is one for which the cost to cure is less t...
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I've had rental #1 for 10 years and rental #2 for 2 years. These are college rentals that rent from August 1st to July 31st. Most leases are signed 2-3 months before occupancy. I have had 0 days of vacancy on rental #...
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Using the information given on sites like zillow, trulia, etc. How do you quickly analyze the quality of a deal? Often the monthly income isn't given. Do you guys ask for more information on every property that intere...
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Investment Info:
Single-family residence buy & hold investment in Shawnee.
Purchase price: $62,000
Cash invested: $17,000
SFH in Shawnee Oklahoma. It needed cosmetic repairs. It was on the market...