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Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
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I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...
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Hi BP community,I have always accounted for 10% property management when analyzing deals. I have learned this through @Brandon Turner webinars, podcasts, etc.Now that I have seen other fees involved with hiring a prop...
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Hello BP community, My fiancé and I are new to the investment property field. However, we recently bought property in Fort Worth TX, and want to continue investing but we want to find a new real estate agent that can ...
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Looking to buy my first rental property. I have an opportunity to get into a home that is currently renting for 950 per month. I figured that the cap rate would be 3%. Would this be a decent buy as a newbie investment...
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I think I know the answer to my question but I need someone to confirm it.
I am active duty Navy currently living in Hawaii. Bought a single family house in 2019 for $665,000. Fast forward to today, currently the hou...
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Hey guys I need some help figuring out if this Triplex opportunity is a deal or not. Purchase price: 150,000It’s located in a rapidly growing part of Houston, TX (Independence Heights) with a lot of investor activity....
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Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now...
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Below is info on the deal. Any advice would be appreciated. Let me know if I missed anything. Thanks!House cost is $125,000 - negotiate to $122,000 (4/2) 1626 sq ft.Taxes = $2,582rentometer states = average rent = ...
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Okay so i just went to contract on two properties in the same neighborhood and these are my first real deals. Both are SFHs with need for substantial cosmetic rehab. I am planning to rehab and rent with the possibi...