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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,...
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Honestly, I would have never guessed that this market is actually not great for rental investments and real strong for fix and flips. Who knew?!
Here is the scoop:About this Market: Toledo, OH, emerges as a prime mar...
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Not surprising I guess considering the current administration......
https://www.bloomberg.com/news...
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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...
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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 ...
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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...
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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 ...
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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...
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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...
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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...