I have been looking into IRR and NPV and I am hearing mixed reviews about both of them so I was wondering if you really need either of these two formulas or is one better than the other?
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Happy Friday! As I go through screening potential renters for my unit, I'm intrigued by all the horror stories I hear. My previous tenants were great, always paid on time and took care of the property. They were less ...
I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...
After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.The con...
Hey biggerpockets community,I just finished my 60 hour education requirement to take my Real Estate exam in Pennsylvania. Since I started learning about Real Estate I thought that being a licensee would be the only wa...
Hi all,Investing newbie here. I'm hoping to use the BRRRR method on run-down small multi-family properties in Connecticut. I found a duplex on the MLS that's in bad shape and am trying to estimate the rehab costs (p...
If a tenant has a clogged sink, is it my responsibility to handle it or theirs ?
Hi,I have been researching SFRs, duplexes and triplexes in South Minneapolis. The triplexes and duplexes I have seen seem to be all built around 1900s. They are essentially older than the SRFs. For now, I use www.rent...
Hi BP community!Thanks for looking at my post....As stated below I am an investor but very new with respect to others that have multiple-multiple-multiple properties and a longer stance of time.I'm an investor dealing...