Greetings,I wanted to post the results of my first fix and hold. The property is a two family in Albany, NY. Each unit has three bedrooms and one bath. It was vacant foreclosure at the time of purchase. I used a HELOC...
First post for me here on BP. Thanks to everyone on the site, I have learned a lot. I am a fix and flipper and have a home that I am rehabbing in a nice neighborhood. The home is going to turn out very nice but...
Good afternoon everyone,
I have a question...
I have found what I believe to be a good investment property. The asking price is $229K. I have an accepted offer of $215K. The comps for this property show a house that...
I've been going through "The Multifamily Millionaire: Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from pro...
Hi,
I currently decided to bail on the stock market well sorta. I sold around 100k of stock. While it was a very tough decision to make. I decided to protect myself some.
My current Bank won't allow me to refinanc...
Hi, I am researching the idea of buying a single lot in Tacoma urban area to have a house built by a custom builder such as HiLine Homes, True Built Homes, Realty Homes. I did a lot of research online, and knew th...
Hi All,I am a graduate student at UConn looking to buy a house to live in during my studies and rent out once I'm finished here. Since this is a college area, I should always be able to get renters. Depending on where...
Hi there,
I purchased a SFH in Dec 2021 for $99k. I spent about $12k in repairs and upgrades to make it rentable. I rented it for 1 year with minimal issues.
In 2023, tenants moved out and I put in $5k in turnover c...
Good morning BPers!So we're very excited to get started and thanks to BP and all the input from everyone, we think we're ready. So here's our question. We live in the Denver metro area and have been pretty discourage...
Hey everyone. I am the owner of a 2 family MF in NJ. My mortgage is 3232.00. I rent the second floor for 2100 which leaves me with the remainder payment of 1132.
Am I generating cash flow since I have approximately 6...