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Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
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I am in Texas and have started to look for my first multi family property. Other than Loopnet what are some other sources of properties? I am looking for 25-130 units preferably in the Midwest or south US. If your an...
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i am creating several realty trusts to hold my rental properties (which currently stands at 5)...14 units in 5 properties
my other option would be to creat an LLC to hold the 5 properties...i cant imagine creating 5 ...
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I have been talking with a Broker about a property I am looking at. She told me that since the appraisal value of the property may have been too high, taht I may be able to protest the property taxes and get a somewh...
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Has anyone raised rent during these Covid times? We haven’t raised rent since tenant moved in 3 years ago - this property is a condo and our HOA just increased and a brand AC unit was replaced last month. I was think...
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New to this forum, what i've seen this is an awesome resource... So here it goes, question about how to structure the rental property; llc, land trust, personally own with umbrella? I have saw he threads on here about...
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Property Information:
Two Single Family homes in Albany, GA. Both currently rented and across the street from one another.
Purchase Price: $60,000
Appraised Value: $78,000, $40,000 on one and $38,000 on the other
...
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Hey BP! After years of listening to podcasts, searching for deals, and making failed offers, I just put my first investment property under contract (finally!). My wife and I are super excited to be taking this step,...
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I'm under contract on a 4plex property in Texas (Houston Area) and just had the inspections completed. The termite inspector's report read that there were signs of a previous termite infestation but it looks like the ...
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Hi everyone, I'm new to BP and have conducted a lot of research through this site and books on getting started in real estate investing. I wanted to outline my plan for getting started below and get your thoughts/feed...