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I was talking to a friend last week and he is interested in buying his first investment property. I have a couple and he started asking me how I budget for those properties in case of emergencies. It made me wonder, "...
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Hello all! I am looking to do my first flip and was looking for advice on how to do it with lower amounts of income. Any advice on that, and first time home flips in general, would be greatly appreciated!
Thank you!
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I need some help here guys! I found an investment property/opportunity to get me started. I've got the business part of everything down, but I struggle with the financial side of things. After reading Brandon Turner's...
I own 3 units, have tenants that have been living in one of the units for no more then 3 months. They complained about Fleas. I hired pest control to go fumigate. Tenant called me back after a week complained about Fl...
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I am graduating with my bachelors with no debt on Saturday. I've been working since 16 and I have spent all my money on college, down to less than $1000 now. I found a house that I want to purchase, fix up, and rent. ...
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Have an opportunity to buy a 1900's 3plex. Asking Price 69,000Tri plex brings in 1825 monthly 21,900 yearlyHeat Insurance Property taxes 7500 a yearThe house is old has little things like crack plaster needs new carpe...
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Do you include all the typical Expenses associated with Single family homes same with condos or do you not include some like Cap ex etc?
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Looking at a property in upstate New York, it's a 3-family building just outside of Albany in a pretty good up-and-coming part of town. The 3 units do need a little love, some new paint, removing carpets, cleaning, dr...
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Can you get a conventional loan on a house with no floor coverings? We found a fix-n-rent house, but it has no floor coverings (just plywood). The current guy seems to have run out of money. Can you get a conventio...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $189,000
Cash invested: $40,000
This is beautiful, historic home built in 1903 in the desirable Minnesota lake comm...