I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
I have decided as an RN for 30 years and tired of punching a clock, to invest in real estate. I bought a brand new town home a year ago, but tired of big payments. Now decided to sell, and get serious into real estate...
I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
Some BackgroundI'm a complete newbie living in New York. I never invested in real estate before but am definitely interested. Unfortunately my W-2 job really doesn't give me time to attempt more time intensive strateg...
Hello fellow FL investors and Floridans wonder if you could drop some of your two cents here. I am from the North East and currently living in NH but earlier this year had an interest having a good cash flowing multi ...
Hello folks,I am going through my very first deal and though the rehab side went very smooth, I've had some other circumstances that have made the sales side very difficult.Finally I got my buyers and the latest of th...
I know this is a very amateur question, but I don't understand how exactly equity is actually used in (or helps in) obtaining more properties.
For example, investors typically buy at 70% of market value, less repairs...
We live and have rentals in northwest suburbs of IL. Our tenants have lived in one of our rental houses for 1 year and 3 months. They are responsible tenants, always are paying their rent on time and keeping up the pr...
Hi All.... I'm new to this forum. I'm a Real Estate Broker.
I have a few questions........ I've been connected to a direct source where I can buy notes. I know its a direct source because they actually own th...
I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...