I have enough cash on hand that I could purchase a home in a less afluent part of town, or finance in a nicer area?I've always been a little gun shy about borrowing money, but understand financing could increasing my ...
Hey everyone, I recently saw five quadplexes - all separately owned and listed - in a C+ area on the MLS.
Each property has (4) two-bed one-bath units. They are listed for around $210k - 250k each. Rent in the area i...
I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
...
Hi All,
Excited to be starting out on my investing journey! I have been in the education phase for about the last 8 months and don't think I will be ready to purchase a property for about a year.
My question is on ...
Hello BP Members, I am a new member from Southern California. I previously had some rentals in Ontario Canada, however, now living in the states, I am realizing that there are so many great markets. I am looking at ...
What’s the best company to work with to open a self-directed IRA? I also want to know the costs involved with it and what’s normal and what isn’t.
Hello BP community - I got this message from my property manager in Huntsville on Monday (yesterday):"This is the tenant at XXXX Apt. C. I got a call from Huntsville Utilities last night saying that there is something...
Hi, I am investing in the Buffalo area and I am looking at a waterfront properties in the finger lakes. Has anyone invested in vacation homes in this area? I need to better understand the numbers (how many weeks a yea...
I have followed Garrett Suttons advice for starting a corporation out of state. If you are not familiar with Garrett Sutton, he is one of Robert kiyosaki "Rich Dad" advisors He advises everyone to start an out of st...
Seeking feedback on a property:3 bed, 1 bath ranch, recent addition of a large sunroom, partially finished basement, 1/2 acre lot w/ mature landscape, quiet neighborhood.Price: $91,000Rent: $1,200Monthly expenses: $55...