Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...
two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
...
Hello All! This is my first post on the Bigger Pockets forums so i'm very excited! To give you a little background on myself, I am 30 years old and hope to soon be a first home buyer. I have no savings but i have a 40...
Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...
I have a deal where the numbers are good (11-12% cash on cash) but it is in a rough neighborhood of Philly. I am confident in my screening abilities, but still concerned about the tenants and neighborhoods of this are...
So it looks like my offer was accepted on my first rental property! The property already has a tenant in place that’s been there for 8 years and pays on time, keeps the place decent.I’d like to keep the tenant and he’...
Hi everyone,
I recently had a friend of mine design a logo for me in my real estate business. I like the logo alot and would like to use it in business cards, marketing letters and contracts as well.
...
Hi all, newbie here with a few questions regarding investing in STRs in Tulum. I’ve been evaluating a few different recommended markets for STRs (Florida panhandle, Smoky Mountains etc) and I’ve found that from a numb...
Hey guys, first post here. Today I was speaking with a friend about maximizing cash flow on my rental properties and he came up with a BRRR method minus the last R and I thought it seemed like a good idea.I currently ...
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...