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Hey guys I have a great opportunity for my first deal! It’s 8 units that will cost me around 600k and will net around 87k w/ 5% repairs, insurance, and tax. They are older homes which will need upkeep. I plan to reque...
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Hi All,I’ve been reading a lot about the BRRRR strategy but am still confused about one thing. Assuming you are taking these loans out in your personal name, won’t the banks stop lending to you after the first few pro...
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2/2 BR Duplex, $150,000 sell price* Rents $800/month=$1600/month both unitsExpenses:Mortgage ($150K @5%-budgeting high) $853/monthTaxes-$333/monthLawn/Snow $45/monthPM-$$160/month (10%)Utilities-Tenant pays allInsuran...
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Hi All,I’ve noticed a decent number of multi family units that are listed for sale on Zillow or Redfin etc will have all of two exterior pictures and then a very brief description of the units themselves and then say ...
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Hey guys looking for some insight! Any and all info is greatly appreciated thank you. So I just purchased my first rental property cash. Reason being I'm currently working on a mortgage for my personal residence and d...
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Hi everyone! My name is Riki and I'm a 26 year old who lives in Los Angeles (Inglewood to be specific). I just recently gained an interest in house hacking and would love to dive into it. As I am a beginner, I was won...
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Newbie Investor here hoping to get aid in running the numbers on a potential deal in my area. I live in a more rural area so it isnt easy for me to get comps to get a firm idea of the house worth. (Which has lead to m...
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It was a good day when I found BP!
I'm new to real estate, and just closed on my first property in June of this year. I purchased a duplex, and i'm living in one side and renting out the other. RE has becom...
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I have some tenants who live in the upper of a duplex. The basement is shared with a separate outside enterance. I asked the lower tenant (daughter of upper tenants) to move out at the end of August which did. I ju...
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Hi All,I'm Anne and I just moved back to the Massachusetts area and am currently getting my MA real estate license. I am very interested the investing side of real estate and looking to learn all I can. My primary foc...