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Hi,
These are my numbers, I'm new so I want to get opinions from others who are more experienced:
Duplex / FHA 3.5% down (12,775)
Purchase Price: $365,000
Gross monthly rent: $2700
Total Monthly Payment: $2400
50% ...
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Hey everyone I'm curious how many of you maintain a separate reserve fund for your properties so as to handle longer vacancies, or other things that come up like with COVID where tenants/payments might get a little sc...
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hi,
I’m new to the forum. I have a question regarding an offer I made yesterday. I offered to a real estate investment property last night. The owner accepted my offer but they didn't have the property disclosure a...
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Hi all,Finally, I've decided to be bold enough to invest in real estate. I've learned a lot from biggerpockets and now time to dive in. I wanted some help in analyzing this deal. 1 bed/1 bath 645 sq ft. condo. Detroit...
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Hello experienced investors. I've been going back and forth on this duplex trying to make sense of all the numbers and am at a crossroads and would really like some help analyzing this purchase.I ran the numbers as if...
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Hello all. NJ resident here who is looking for an out of state area to do some investing. My area is just too damn expensive. I have done a lot of reading and research and Columbus has definitely caught my eye. I alre...
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Hi BP, I live in California and own a townhome in Houston, TX near my in-laws. I have had great luck renting it out with the help of a management company and knowing the area based off of the multiple visits a year i ...
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Question for experienced landlords:
How old were you when you bought your first investment property? How old are you now and how many properties and units do you own? How much do you make per year in rent before ...
Hello everyone! I am currently a new real estate agent as well as an aspiring investor. In about 2-3 month I will have about 14-16k to invest in my first property. Now I am going to invest in a price point of abou...
Ok. I've been on BP for a short amount of time. To give you an idea of how "green" I am, I just order Rich Dad Poor Dad. I think I read it before a few years back, but I want to refresh my memory. I've listened to...