Hello All! This is my first post on the Bigger Pockets forums so i'm very excited! To give you a little background on myself, I am 30 years old and hope to soon be a first home buyer. I have no savings but i have a 40...
How much does, say, a 100k rental property generate in cashflow every month?What is the best way to generate a 1k in cashflow in rental properties using 60k in cash?Thank you so much
Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easier to rent and or sell ...
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Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easie...
How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...
Hi,
Whats the general math rule for rental properties ? How would one figure out if the numbers work ?
Thanks
If an unmarried couple wants to buy or build a fourplex, should both of them be on the deed? Who would be allowed to claim the rental income? Let's say one spouse works and earns money, and the other spouse doesn't wo...
My business partner and I are looking to get into our first fix and flip. We don't have the cash to buy and rehab the property ourselves so we're considering using hard money. We are located in the Twin Cites area and...
My wife and I have started looking for a new primary residence. I hold the mortgage for our three-unit property; my wife holds the mortgage for our current home. When speaking with a lender, he indicated that if I tak...
Does the 50% of expenses incl. Prop. Tax & PMI? Here's my situation and whether or not I include it in my evaluation.
Example: duplex (2 units) 100k financed; no rehab necessary; "as-is"
Gross rents: $1,730
50...