Hello,
I'm not an agent or anything, just a regular person with no knowledge of real estate. I'll describe the situation and hope for answers.
Let's say "Joe" moved out of his home for a job in another city. He re...
(Sorry, new to bigger pockets and tried to post on two forums. Apologies if you read this in the tax forum already!) Hi BP community!My two friends and I are just starting in the investment property business and are l...
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It seems to me that if you find the right combination of rental income (1%+ monthly) / cash paid, it's very hard not to make money.
Example: an $80,000 property, 25% down at 4.5%, and rented at $900/month.
You inve...
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Hello everyone!
I’ve been learning how to analyze properties and I wanted to post on how to do a full, if basic, property analysis. My hope is both to help other investors out by distilling things I've learned while...
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Hey fellow BP members, Brian Williams here. I have a bit of a dilemma on my hands. I purchased a new house in 2018 for $236k using a USDA loan (no down payment). Since then, the neighborhood has increased in value due...
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In reviewing my posted goals for 2013 and 2014 I have the following results.2013 My goal was to buy a fix and flip and add 1-3 cash flowing rentals. I bought a fix and flip in a nearby town that needed a lot of work....
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Scenario -- seller has foreclosure sale date in a few days and they are 25K behind. Their payments are $1650 per mo. I was thinking of bringing them current, taking over the payments, and keeping them in the house, un...
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Hi, I am new to real estate investment. I have looked at different townhouses for the past few weeks (in Maryland). There are three potential properties I am interested in, but I am not sure what is the best way to ev...
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Hi all,I've been reading through Real Estate By The Numbers by J Scott and Dave Meyers. It's really thorough and a great read so far!I'm caught up on their breakdown of NOI. They say Net Income = Operating Income - Ta...
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I'll try to be as succinct as possible. I have a question on a couple of options on how to structure our first deal.We're buying our first property, a duplex, from a friend. My friend must walk away, after everythin...