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Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...
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I'm not enrolled in college, after high school I became a carpenter my finances looks like this as of now.Assets-Brokerage account 30kAnnuity Thru employer 10kW-2 income 3100$ take home monthly 0$ for my living situa...
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I purchased a SFH for $30k cash in June. I put $20k in repairs into it. I have a tenant moving in August 1st at $895/mo. It's an 800 ft2 2/1. My property taxes for this year are $3000 but are going do...
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Does anyone here invest in Oahu, Hawaii? If so, what investments do you have? How does it work to be investing in a very popular tourist area? Would love to learn more about investments there!
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Hi! Newbie here. I am 24 and am in my option period of a three bedroom house in Mcallen, Texas. This is my first time investing and I want to make sure this is not a horrible deal. The house was built in 2001 and is a...
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I'm pretty new here and would love a 2nd (or more) pair of eyes on the following:I have started due diligence on a 4-plex in South Salt Lake, Utah built in 1899. Purchase price $315K. Rents are 2- 2 bedroom 1 bath un...
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Hi all,
I am looking for some advice related to my first property which is a condo located in South Boston, MA that I purchased a little over two years ago. My girlfriend and I currently live in the condo. ...
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I will be moving to Buffalo, NY this August and I am interested in purchasing a house in the Amherst, Williamsville, Clarence area close to University at Buffalo. I would be interested in getting a duplex in order to ...
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Greetings BP,Long time lurker, first time poster. I've been renting in Chicago for 3 years, and I am ready to make the move into a home purchase.Objectives:Buy multiunit building and hold for ~10 yearsStay near lakesh...
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I'm reading a free book on REI from http://iloverealestate.tv/ in which the author talks about a rule she made up called the Rule of Two. In this, you divide the purchase price by 1,000 and multiple that by 2 in order...