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I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
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I'm sure most of the flippers on this forum stage there properties but... What is your cost?Do you think it's worth the cost?Would you consider staging yourself?If you stage yourself why?
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Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...
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Hi All, my name is Solomon. I currently work full-time -- your standard 40 hours/week "9-5" (well 7:30-4pm to be exact). After reading Rich Dad Poor Dad, I'm determined in setting myself up for a good future by havin...
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I have received money from a dead relative. I would like to invest as much as possible to build wealth. I have read a few books on real estate and listened to the bigger pockets podcasts and webinars so I have a basic...
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I'm about to finish my 2nd flip and am looking to purchase my 3rd within the next 2-3 weeks. The first two were just purchased and held in my own name, but I'm wondering if this is the best way to do this?
I have re...
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So I recently purchased another rental property (3bed, 2bth, built 2003, ~1300sqft). I purchased it for cash for $68K (tenant occupied, will get to this later). I put about ~$3k into the rehab and about 2-3 weeks star...
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Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...
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Hi folks!We're in Berks County PA, which will be our main target market for starting wholesaling REI. We're still kind of limited on cash so I'll only be registering one domain. I can build a "landing page" or secon...
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hello group, Baltimore area is so competitive, it's been 3 months we have been looking for deals and checking on a lot of properties and making offers, we still have nothing under our belt and always got bid out. ...