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Hello,need some advice on a property that I am looking at. It is a duplex that is small, 1,100 sqft. Two one bedroom one bath apartments that need updating. It is going for 109,000 I want to try and get it for 90,000....
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*breathes deep* Okay here goes, I need help. Property located in New Mexico, very rural, very limited in choice in repairmen and no property managers. (First big mistake in buying there, we were living there at the ...
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Hello BP,
I could use some help on determining what to offer for this duplex. I don't know if there is a rule of thumb for what to offer, I think I read in a post that an investment offer should be 30% off ARV - rep...
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Two bedroom, two bath condo in Ventura, CA. Paid cash for it in 2009. Great location. It was trashed by tenant not to mention old and outdated (built 1965). HOA fee will be $470/month. 1180 Square feet. I've spent app...
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Hi All,
I've been looking into multifamily investment property (6-12 units), been looking in the Chicago neighbors, western suburbs, dug into information such as population, income, job growth, crime rates, rent vs h...
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I am interested in purchashing rental property in Houston. I have read many of the forums that explain to estimate cash flow you really have to factor in expenses FAR beyond the PITI. I saw some posts that say expe...
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Hi Everyone, Wow! We've gotten a ton of interest in this topic, thank you. I really appreciate all your input - it will go a long way in helping BP to continue to improve the site and help our community. Thank you all...
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About to close on my first SFH rental property, I still have to get it inspected, and can back out if inspection shows something I didn't notice.. Few things about the house3 bedroom 1 bath, (could convert spare room ...
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I know this can vary, but just curious on what kind of vacancy rates y'all are experiencing in Southeast Idaho? I have heard 2-5% from some people, which seems great. I am in the search for my first house hack and am ...
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Hello BiggerPockets. I am in the process of buying my first rental property. I live in Maryland but I'm looking at properties in New York. I have a property management company for whatever property I choose to purchas...