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3x 4 unit buildings. Yearly rent is $93,900. Sellers want $1 million. They don't have P/Ls etc. They inherited from father and these properties are slum but in a great town where a SFH 2/1 800 sqft rents for $1100. I'...
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I am just starting out, so funding is a big challenge. I have a lender offering me a 5/1, 7/1, or 10/1 interest only arm loan.
it does create more cash flow for the first few years which should help with scaling my...
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My father(who should be retiring soon) and I, are interested in getting started with flipping. He has a lot of experience as a carpenter and project manager. Neither of us has experience with Real Estate Investing. We...
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Long story short, I have one gifted child (2nd grade), one "inclusion class" child (1st grade) and two more that will enter school in the next 3 yrs. Although we live in an excellent school district, its very large an...
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I live in Houston, TX. I'm currently in the pre-approval process for a loan in order to figure out how much I can afford. I don't expect it to be much (in relation to the average home price in Houston) so i was thinki...
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Hi guys. I am currently a senior college, and want to invest in real estate as soon as I am done with school.By the time I get out of school, I will owe about 20,000 in student debt (including interest). I have a good...
In my opinion, inflation rates are extremely understated, please see these two articles that drive the point home:http://www.businessinsider.com/if-people-knew-the-...https://www.zerohedge.com/news/2017-05-09/devonshi...
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I am fairly new to buying rentals. Just bought a four plex in a c plus working town. Building is 7 year old 4 plex. 1,000 sq ft each. I paid $215k for building. (Seller was very motivated. He is 79 and wife has major ...
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How can I get compound interest and what will it do for me financially?
Hello BP community! I'm a newbie who is about to jump head-first into this real estate world, and had to pause for a moment to ask a very important question. Am I crazy?My primary residence in a San Diego suburb (Ch...