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Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
DFW, Arlington, Mansfield, Tarrant County Tx.I would like try a mock-run at this as I do not have the funds to do anything at this time. For any of the DFW investors or wholesales this could also be potential informat...
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Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...
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It's a townhouse in a great area in NC. Asking price $145Can rent for $1200- $1300Taxes $1250/yearProp management 120/mo $1440/yrmaintenance on property 120/mo 1440/yrno repairs neededI don't think it is a fantastic d...
Hi there! I'm Chris, and I'm under contract for my first home purchase (A duplex, which I plan on owner occupying and renting half). I'll make this as short and sweet as possible. I got a rough inspection back (Majo...
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I can't seem to get clarification on this. If you purchase a tax lien certificate and the property is vacant, do you have any right to rent it or only to physically secure it?
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BP Family,Have you ever had a tenant that always calling you to do a maintenance? Or consistently finds a problem for minor repairs? What have you done differently to reduce the numbers of complaints that something th...
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Bookkeeping questions:
I purchased a property with cash flow, according to my calculator, on day 1, but knew it was a value-add opportunity. Since the acquisition, I have done upgrades. Technically, I know that with ...
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here is an example of how to use hard money to buy and rehab your foreclosure purchases, all the way thru refinancing them to a conventional 30 year loan. Yes, I agree that you can get properties for far less money...
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I'm in C'class rentals as a self-managing handyman landlord. I am 6'2" and weigh 350 lbs. Most people peripheral to the business (mortgage brokers, financial advisors, magistrates) tend to tell me I really look exactl...