Looking at purchasing a duplex in Milwaukee. I live in Denver and would definitely need property management. It's not in a great neighborhood, but the numbers look great and justify the risk for me. Would love some re...
I just graduated college and got a good job in the twin cities area. For those of you unfamiliar, that is the two biggest cities in Minnesota, Minneapolis and Saint Paul. I am renting now because I needed to find a pl...
BP nation,In my market, turnkey (rent-ready) homes are going for $140K - $150K and renting for around $1 per sf. Now - you can get a distressed property for $110K - $120K, but by the time you fix the foundation and gi...
Hello all, I am about to have some money saved up and I want to spend it smartly. I’ve been reading about real estate and the like for a few years now and I’m really interested in pursuing it for some long-term wealth...
What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
Hi Everyone,Posting my first question here. I'm looking to invest in a multi-unit rental property. I was comparing various locations and found Rochester, NY strangely appealing on loopnet. It had a very high cap % (20...
I am a first time home buyer. I do not want to buy a house for myself. I want to buy a house to start building a rental portfolio. This would be a side endeavor for me, and I am simply considering this for a small sid...
I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
Hello all. I just joined the site today. Perhaps this question has already been posted before but here we go....I bought a house (off base) over 2 years ago when I PCS'd to Ft. Jackson, S.C. When I PCS to my next duty...
Under contract with a 3 unit that has tenants that weren't paying during covid. they are all month to month and the building currently has some violations on it. Also, the rents are ALL well under market rents(almost ...