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Hello all,I am a newbie to real estate investing. I have gone through the process of speaking with a realtor and applying for a loan. I was approved for a $155k-165k loan and with this being my first time buying, I'm ...
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I am purchasing my first property - a legal 2 unit where one unit and an additional unpermitted unit need a lot of work (flooring, new kitchen, fixtures, bathroom, etc). I will eventually be owning this out of state s...
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These are the details I have...
SP. $269,000 (probably get it for 250k)
9 Units 4 x 1 bed and 5 x 2 bed
100% occupancy (maintained for 12 months)
Scheduled Gross Income 62,100
Effective Gross Income 55,027
The que...
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We have been narrowing down where we are interested in investing in Birmingham. I had a realtor recommend the Eastlake area. He mentioned it is an area that has some nice streets and opportunities. Looking at the guid...
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Lately I’ve been torn on which path to take. I typically shoot for Brandon’s suggested minimums of both cash flow and cash on cash ROI, and I have achieved that with almost all of my investments i currently have. My q...
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I'm looking to buy a BRRRR property using owner financing and renting it out after the first year.I ran the financials on the deal and think I can make it work if I get the right purchase price.The property is a singl...
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Hi everyone.Need a little help here.I'm a reader, not a writer, but this time I decided to ask you for advice... Up until now I was doing flips (not many, but did few) and knew my outcome pretty good. But my last purc...
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Wanted to ask the biggerpocket community whether an out-of-state investor buying a rental property in saint petersburg/Tampa area is a good investment choice? Looking to buy a property ($100k-$250k) with long term ten...
Hello All!I am new to real estate and wanting to get into the rental property game. I have never owned a home and I am active duty military so I will be moving every 3 to 5 years. I have read many books and follow B...
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Hi, I have a situation that I haven’t been able to find on previous forums. I own a rental property free and clear. The tenant has caused damage and broken the lease so she is going to vacate in December. My question ...