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Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
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Based on advice provided here at Bigger Pockets and elsewhere I've been looking into multi-family with a concentration on cash flow. I found a 3FAM with 3brs each for $250,000 in Worcester, MA where there's zillions...
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Hi I’m currently completely renovating a house in the Grays Ferry section of Philadelphia which is going good. I also own a vacant lot not too far from the house which I inherited. It’s supposed to be 14x51 / 714 sq f...
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am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a h...
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Hi everyone,I am a newbie investor (full-time travel nurse) looking to make my first deal happen. Currently I am in the St. Petersburg, FL area and have been looking for multifamily property here and near my hometown...
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We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...
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My name is Greg, I am 30yrs old and I live in NYC, specifically Manhattan. However, I was born in Queens and lived in Brooklyn for a few years. I was born, raised, and lived in NYC all my life. I have zero experience ...
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Hello BPers, My partner and I are ready to jump into apartment building investing one month after we closed on our first deal, which was a triplex. We spent about three weeks educating ourselves on the differ...
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Will be seeking to invest between 400-600k into multifamily, aiming for maximal cash on cash return. Initially thought duplexes or triplexes in B class properties in Cleveland suburbs (out of state, have family connec...
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Wanted to get the opinion of other folks on here. I have a property that I have a long term tenant in. It is an older couple and they have been there almost 10 years. I have only raised rent one time in the 10 year...