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Hello BP members...I have a flip home that's in the contract for $132K.The buyer is going thru an FHA loan, and the appraised value came out to $125. The buyers don't have the 7K to cover the difference, and b/c its...
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Hey BP,
Myself and a partner found a motivated seller selling a duplex in our area and have just signed the deal today. He originally had it listed through the MLS. The seller himself was the one showing us...
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House is 30K. Needs very little minor work to get it to renting condition. I feel I can get 525 a month for it. Should I go for it?
Expenses should be about 45%. But I budget for 50% just in case. If my calc's are co...
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I have an oppurtunity to invest in a property on the outskirts of Cincinnati. Im just looking for some feedback on whether it seems like a good deal or not. We walked the house yesterday, and it has current tenants ...
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Have been a long time reader and felt like joining the fun. Please see below for an opportunity that came across the desk today.
Price: ~$635K
Units: 9
Gross annual rents: ~$91,700
Taxes: ~$6,000
I'm screening at t...
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Hi BP Forum,
I am thinking of making an offer on my first owner finance rental.
Terms:
Long term tenant 6 plus years
Rent $700
Transitioning neighborhood, brand new beautiful new const...
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Hey all,I'm a new member to the BP community. I was hired as a property manager for a good friend in October 2018 with absolutely no knowledge of real estate or even maintenance work. After about two months of constan...
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Hi. I am curious if you buy and hold landlords put more money on your mortgage payments, or somewhere else. I am talking about cash flow. After all expenses, say a property is producing $400 monthly cash flow. The...
Hello real estate investors! I can feel the eyes rolling as you read my subject line, but I am serious. I am a complete novice in the real estate world, but I do believe it offers the best return on investment. That s...
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Hello all,
I really need your expertise on this question. I own a duplex and live in 1/2, renting the other side out. I will be moving to Boston for a new job and at 57 years old, crunching the numbers does...