hello, I need some help from a pro! I found a guy willing to sell me his duplex for 174,900 or he said he'd be willing to do owner finance on the deal $7000 down 30 years at 7 percent. there is one tenant in it now pa...
I'm paying all cash for my first home. It is listed on the market for $55k how much lower can we offer since we are paying all cash? We are thinking $35? But would like expert advice. Thank you in advance for everyone...
Hello BP!
I am just looking to get some background info on Tobyhanna, PA. What type of population lives there. Crime info? Areas to stay away from/look in? If there is anyone who has SFR here what is your vacancy...
I have a quick question about the general rule of a possible tenant having an income of 3x's the rent. Does this rule change any depending on number of kids? If rent is 1000, then an income of 3000 seems fine f...
Ok, so I've been analyzing potential deals for 2 months (maybe 40-50 total) or so and am getting an itchy trigger finger for my first deal. This popped up on our local REIA site and is bring sold by a large buyer/hol...
So I found a property and after running numbers I come up with just over 6% NOI, from everyones experience is this avg or below or above from what I can expect?
Got a property under contract and here are the details:
Contract price $162,200
ARV $260,000
Repairs $20-25k, still trying to finalize this
Prospective rent $2000-2200, still trying to nail this down. Realtor suggests...
Ok, I have a quick question for the experienced and advanced medium to large apartment complex investors(75-200units) I know value is really determined by Actual NOI and Cap rate, but what happens when you run into...
As a first time investor, I see many people house hacking. Which is wonderful way to break into REI. My question is not for house-hacking advocates. Has anyone ever went into house flipping for their first REI propert...
Good day,I'm trying to find a Bank/lender to start lending to my LLC. I have had my LLC for 3 years now and have showed profit for the last 2 years. All 4 of my rental properties have been transferred into my LLC na...