i purchased a home that is a rooming house. three rooms. renting for 100 per week per room. in a perfect world, with no vacancy the home will collect 1200 gross rent. i paid 17k for the house tenant occupied. low...
Hi all,I have a 4plex I would like to put an offer on. It is a square box with mirror image 2/1 units. The owner has provided a half page of financials. It tells me the rent roll, insurance, utilities and taxes. ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $202,150
Cash invested: $26,936
We purchased a $5,000 sq ft 4 plex with 4 x 2 bedroom appartments that each ...
Just found a tenant and signed a lease, but he says he can't make payments until he receives his deposit back from his current lease. He screened well with good landlord and professional references and great income to...
I have an off market deal in AZ that I would like some more input on evaluating. The owner has terrible records and even if he did they wouldn’t be very helpful since he bought the park with only 4 mobile homes on it ...
Hey Guys,I am looking at a park and am in the middle of due diligence. I've called a few nearby parks and the lot rents have brought up a red flag that I would like some input on. Park I am targeting 55 Spaces (MH's o...
I was recently approached by a wholesaler with the following facts for a 2 unit home in Hammond Indiana. I did an analysis and seem to come out with negative operating income but want to check my analysis since I ...
Hey BP crew!
First I wanted to briefly introduce myself, and bore you with some noobie questions :)
My name is Jared, I graduated college last year, and have been working a professional job as a VOIP t...
This should be fun.
Just read a question asking if the LL could turn off the utilities.....hmmm :)
Well, no.
I recall a public housing director in a small town who told a tenant that the front door had to be repa...
Here's my situation.. I have a 1/1 condo out in Austin that I am trying to refinance with cashout to renovate my unit. If I can renovate, I can get a higher rental income, thus cashflow.
I have a first mortg...