I need your help BP contributors!
I am seeking my first rental property. I have been researching many different markets and I feel that I am suffering from analysis paralysis although I know that I am ready t...
Hi BPers,This is my latest rehab. One of biggest and ugliest house that i have purchased. The garage has ceiling damaged by water and everywhere else some kids has vandalize the house. Found the deal through my direc...
I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k. I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems. I am not cashflowing, but obviously trying to pay...
I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
I am a new agent that earned his license in March. Since then, I have had a few clients and submitted some offers too but the deals fell through due to unforeseen circumstances (Lack of funds, seller backing out, etc)...
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
Hi Guys!
My husband and I have been buy and hold investors for the last 10 years. It was not our primary focus, which is why we only own two investment properties. However, we have paid off both mortgages and now mak...
Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...
Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...