Hello BP,I am in central jersey and trying to acquire my first property. Property is built 1970's. It is very clean inside and the electrical and plumbing all seems to work. No mold in sight and structurally sound. T...
Hi everyone! I have a question about what to do with the electric and water when showing the rental, do you leave them on and keep paying for them or shut them off? I have personally been shown rentals that do both bu...
Hi everyone, I need your advice. I'm making an offer on a 2 unit with a finished basement that is ready for me to occupy (house hack) The property is brick, very well maintained, move in ready, newer heater, water ta...
Hello everyone!I just came across a 6-family (6 1 bed 1 bath) units. Here are the details:Purchase Price: $119,900Fully Rented: 2 long-term tenantsAnnual Rent: $35,700 (35460 rent + 240 laundry)RE Taxes: $1532Insuran...
I have not noticed this forum till now. I am surprised that anyone is successfully buying REOs because of my experience. We have looked at hundreds of REO properties here in Michigan. Our realtor submits a bid on t...
My contact in KC offered me this deal. What do you think? 10338 Sycamore, Kansas City, MOPrice: $74,500.00Rent (gross income): $950.00/per mo.Property Mgmt Fee: $95.00/per mo.Insurance Expense: $45.00/per mo.Taxes: $6...
Investment Info:
Single-family residence buy & hold investment in League City.
Purchase price: $155,000
Cash invested: $26,000
Bank REO that had been vacant for quite some time.
What made yo...
Investment Info:
Single-family residence buy & hold investment in Auburn.
Purchase price: $80,250
Cash invested: $45,000
Completed a BRRRR and getting ready for the next one. Bought a single fami...
Hoping to consult the wisdom of the BP community - looking at the following deal as a first BRRRR property. Thoughts?2-bedroom, 1-bath, 930 square foot single family home in a small tourist town in northern WI, liste...
Hey guys,I have an opportunity to purchase my first duplex. I would like to see what the pros think of the deal.Breakdown:Purchase price $150K. Seller Financing Monthly payment around $1,350Rental $900 and $950 month...