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So I recently found a home that I want to rent out. 3 bedroom 2 bath and the house is located in a culdesac down the street from a elementary school. Sales price 85k30yr mortgage 5%taxes are 1700-1800 annuallyThe hom...
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I’m assuming 20% total for vacancy, cap ex, and repairs. Then 10% for pm. Can I lower these figures if the houses are in good areas?
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Hi everyone! I'm looking for a good quality, reliable contractor for a rehab I'm starting in Mundelein, Il. Closing on the 30th of Sept and need to get estimates as soon as possible. Fairly broad SOW so it's a good s...
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Greetings BP Fam!I am a Broker who works with investors -both SFH and Multifamily. I am trying to come up with a list of frustrations with the purchasing/ underwriting process so that I can better serve, while also ho...
Hi,So I am looking to buy a place and the owner has a foundation repair warranty for a 1940's house. I had a home inspection done and it said sagging beams. piers not contacting beams piers not tied to beams. is this...
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Investment Info:
Single-family residence fix & flip investment in Glencoe.
Purchase price: $63,000
Cash invested: $10,000
Sale price: $100,000
Single family home with 3 bedrooms, 2 baths, har...
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I am looking for a property manager in central NJ, near Trenton. If anyone has a recommendation, please let me know.
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Good morning everyone. Wow did January go by quickly. One month already in the books. Hopefully prior to the start of the year you had put in some goals that you can measure to track your progress. Well we just crosse...
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Mentoring someone in the "Post Deal ??" in this forum. One of the key action items I just asked them to do is a Failure analysis.To be successful you need:A. IdeaB. Money- sometimesC. Jump off the cliff.Most peopl...
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I am offering seller finance on an investment property (with balloon payment for a short period of time) because of the current high mortgage rate, since I cannot subsequently 1031 the balloon payment when I receive t...