Hello Everyone,
I am contemplating putting in an offer for a 170 year old home which has been split into 4 apartments. The main benefit of this house is its location: 1 minute walk to the areas prominent un...
I wanted to provide an overview of how to more accurately estimate remodeling/repair costs on a property that has no interior access, by using 3D modeling. This would be property that is currently occupied, out of sta...
Hello Atlanta / Decatur folks. So I am closing on the purchase of my first property tomorrow. After considering this property for weeks I still can't decide whether to A. flip the property straightawayB. rent the pr...
Hey all, I just got the inspection back on a property I was looking to buy. The top issues include: - P trap improperly plumbed in bathroom- Moisture stain in one of the bedrooms- Double taps in electrical panel - Fal...
Hello BP, 25-year old from Texas here and I'm itching to get into the game. Here's the first property that I've come across that seemed actually worth my time to crunch the numbers on, help me see if this is a good de...
Ok so I just bought an extended stay motel in Michigan......and I live in Utah.How it happened: I was under contract on a single level 9 plex in a small industrial town in Michigan, I flew out for the inspection and w...
What kind of property should I buy as my first step?
Investment Info:
Single-family residence buy & hold investment in Albany.
Purchase price: $27,000
Cash invested: $30,000
Sale price: $71,500
This property was purchased as a buy and hold inve...
What does everyone look for during their annual, quarterly, monthly (whenever) walk throughs of their investment properties? Anybody have a current checklist that they focus on? Any input, ideas, thoughts?
All looking at a Duplex build in 1995.. new roof...here are the numbersPrice $61,000.00Loan 5%30 yrMonthly income $985Repairs $4000.00CoC 15.97%NOI $6,370.40Purchase Cap rate 10.44%Vacancy $78.80Capex $49.50Management...