Hi All, I am closing on our deal this December 30th, for a 4-plex. It is currently fully rented, which is great!HOWEVER, as it sits, the landlord currently pays all utilities, (which will be changed immediately into t...
I posted the other day about creating a more defined criteria for my flipping purchases. I'm moving my business to a more metro area early next year and am trying to define my criteria better. Where I am now is rura...
Please analyze these property:
60 units in 5 buildings, 24 one bed / 1 bath, 36 two bed / 1 bath. Ask price $875k, 92% occupied.
Income and expenses you can find in the excel file http://www.a-l-a-...
Last night, I worried about my rental and soon to be rental as I was going to sleep. They are older houses. Both are in good condition, but both still have original plumbing and electric. No ground wire, galvanized fr...
Hi BP! Newbie here. I am in contract for a fourplex. I am purchasing it for $250,000. It is located in an area where property values have continued to increase annually. I would like to fix up units as they become vac...
You all are great and thanks in advance for your input!So I live near a small town that has a small community college, a Walmart, a Sheetz, and a couple other little places in it. Our population is just over 5,300 wit...
Hey Everyone,I need help analyzing what I think is a good deal. Now, I have not looked inside the apartment yet but if pictures prove worthy, then it should not need any work. If there is work needed, it'll be minimal...
Here is a deal I've come across and was hoping to run some numbers by you guys to see how my deal analysis skills are coming along. PLEASE point out any errors/misassumptions.
Deal Information As It Was Given To Me:...
I'm looking to buy my first investment property in Southern California. I found one that I really like, partly because it seems to be relatively low-maintenance for my first property, but my calculations put my ROI on...
Hello,
Just wanted to write to convey my excitement. As some of you already know I just started out my REI career. I've looked at a few houses and talked to some owners but today I made my first official offer and ...