Barshay Graves
What should be the first real estate investment for under 25 recent college grad
First time investment advice: Should I buy a duplex as my first investment and live in one side and rent other side out, or buy a townhome in a strong college rental community and begin that way???
Ryan Ford
What items do you include in your capital expenditure fund?
So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
Alejandro Tirso
First Rental Property Success
Hi All--I began delving heavy into real estate about 12 months ago after attending a "Ride Along" with a successful real estate investor in Philly. I learned a ton and took a bunch of value from that day, and somebod...
Larry Geedey
First Offer
Hello,I'm completely new to posting on BP but was hoping for some feedback on potentially purchasing my first investment. I have been looking at properties for months and finally feel that I am ready to go in. The num...
Alex Cotter
Looking for help analyzing this deal
Hello BP,First deal Single Family through a turnkey rental company. The property is in a A- neighborhood. Let me know your thoughts. I struggle with putting this into perspective with other deals. Price: 85,000 (comps...
Taylor Green
How to calculate asking price if expenses are higher than 50%
Hi, I'm trying to figure out how much of a discount I should ask for if the expenses run higher than 50% of gross rent. For example 60% of gross rent... Does that mean I should walk away from the property or just c...
Bily Elliott
How does this 4plex look?
I am looking at a 4plex for sale, here are the numbers I have, can someone look at them, crunch them and let me know what else I need to find out about this property?
1920 SQ Ft
Built in 1940, cinder block ...
Thomas Brady
Duplex Deal????
Hey BP, I posted last month about a Duplex on the market for 280k that produced $1,250 on each side in a C or C+ location, definitely trending up. I am certain I can bring in $1,300-1,400 in rent, but I am sticking wi...
Jeff Quinlan
Flat Roof for Apartments
Hello BP community,
I have an apartment building that has a flat roof with a TPO roof that has some pooling of water in one area. I have two bids that have proposed that I need a new cricket system. Any experience ...
Daniel Kramer
Well Water & Septic
I am considering a potential rental property that is on well water & septic. I have never lived on well water & septic, so I don't know if my fears are justified or not. I have visions of sewage seeping up thr...