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I've placed a bunch of offers this year, seeking to pursue a buy and hold strategy to build a rental portfolio. The county records show that a recent house settled for $125k cash, while my offer was $135k with 20%...
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I love this website!
So much information!
Thank you !!!
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Hey guys! Mind giving this deal another pair of eyes? It needs a face-lift exteriorly but doesn't need much at all inside. Needs an update on an ugly brick porch (ideas?) and a small area (100 sq ft?) of shaker-typ...
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Hello all,I've been a member and viewer on BP for a while, but this is the first time I am seeking some help. I currently have 3 conventional loans on 2 rental SFRs and 1 two-family rental. I'm reaching the limits ...
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I'm trying to find a way to purchase a couple of 4-plexes. A down payment would be in the neighborhood of $150k. Estimated Cash on Cash return would be 10%. That's worthy of serious consideration partly because ren...
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Hello all,A newbie doing different kinds of marketing and can't really say that it is going great. Recently found a deal and the owner looks motivated to sell the property after the issues she had with tenants. Last ...
Hi All,I have been lurking in BP for quite sometime and made my decision to buy my first property. This a 4 unit building constructed in 1916 with roof replaced 3 years back. 2 units has 3 bedroom /1 bath and other 2 ...
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I'm looking to buy a turnkey property soon. I've looked into a couple so far and see that their property management charges a lot for lease renewals ($175-250). They also keep the late fees if a tenant is late on rent...
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I am sold on the idea of house hacking. Duplex, Triplex, or 4-plex all sound good to me. It makes sense to me to cut your living expenses even if it lowers the cash-flow from the property. I have looked through many o...
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I've purchased 8 my first year and a half through a line of credit/refi process while working a full time day job on the side.
What number/amount of cash flow is the magic number to leave my day job to concentrate fu...