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Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
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Good morning, I am preparing for an upcoming meeting with a private real estate investor and I compiled a list of questions to better understand his investment requirements so I can present the right deals to him. He ...
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We've been putting LVT in our one bedroom units as they become vacant. These are long strips that are glued down. Recently had to do an eviction and the move out results are not pretty. This is the first turnover sinc...
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I bought a property on Eagle Mountain Lake(May), furnished it and listed it on VRBO and I have 4 bookings in less than 2 weeks. I don't think I am quite ready, so any advice is welcome!! I am getting ready for my f...
Hi BP,
Wondering if anyone could give me a cost per sq for mid grade rehab in ATL. Brick house built in 1958. On basement. Already has a new roof and HVAC. Windows are new but are not installed correctly. All mechani...
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I am looking for a special RE agent. In return, I will buy from you and willing to give you a nice bonus (in writing) for the extra attention to this purchase. Here is the special requests:2018 - EducationI want to si...
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Hey everyone!!! I bought a SFH at the end of 2020 and the value has gone up quite a bit since then. My plan was to fix it up and then rent it out but then I heard about the FHA 1 step close loan product where the cost...
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I am looking to purchase a 4 plex using my VA loan in Colorado. I would like to stay around Denver, Colorado Springs, Pueblo or at least within an hour of one of the cities. My plan is to buy two a year. I would like ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Anchorage.
Purchase price: $547,500
Cash invested: $5,000
Beautifully well kept 4-plex with a large paved parking area. Tw...
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Hello All,I started (in Oct.) with real estate investing and I haven't done any deals yet and I haven't registered a business entity, I've been getting doing training, have start up business costs, gone to seminars an...