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New to the site. Been working with someone to help me find properties for Section 8 in Cleveland. Prices are getting a bit high and looking for other decent cities to invest in. Prefer Eastern part of the country. ...
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Hello all, I'm a new investor but seasoned with real estate as a Realtor and former Property Manager. Looking forward to learning all I can about fix and flips as well as buy and holds.
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Considering buying a 4 plex for $595,000 at 6.5%. And 0 down. (VA lender) Total collected rent would be at about $67200. What is killing me is after factoring in property taxes of about $9000 for the year and 10% of t...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Hi Guys -
The past two years I've been gobbling up information on all things real estate - specifically buy and hold MF (1-4) in the low-middle income space.
I have finally come across a property that I believe wi...
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Hello all. Thank you in advance to anyone who takes the time to respond to this thread or help me understand. I've never invested in any real estate. In fact, I bought my primary residence June 4th. I primarily wo...
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I am at point in my real estate career where I can start looking at properties in the 1.5M range, and want to know if it would be better to wait or if there are good deals to be had. I work in residential RE and the m...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Dayton.
Purchase price: $350,000
Cash invested: $35,000
This property was listed on loopnet.com for over a year. The...
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I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
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RUN!!It has been a while since I have been active on this forum- and the main reason is SECTION EIGHT!Let me explain. I have 17 units of mostly affordable housing for moderate to lower costs renters which I turned ov...