How does this look for a turnkey property in Indianapolis?Duplex, 3 br, 1 bath per sidepurchase price $69,000, all rehab done, renter in placeeach side rents for $650I estimated $764 per month in expenses (10% each fo...
I've agreed to terms to buy a six unit MF property in Rhode Island. My realtor is suggesting we get a lawyer to draft up the P&S. I'm fine with it but is this common for that type of property?
So do you really need a management company? Many do, and give them your hard earned money--what do you do>
Welcome to a new week of Real Estate By the Numbers Book Club! I know we have a few that will hopefully join us this week as well since their books have arrived. This is where we started diving into the math! There's ...
I'm fairly new, but looking at a possible 4-plex with a partner. In an all cash purchase/reno, shouldn't the Cap Rate and Cash on Cash return be the same?The only time CoC should be different is when there is a loan....
Hello Fellow BP Members, I'm currently working on the Midwest and I'm saving the capital to start investing in Multi-Family properties as early as 2017. I'm originally from Texas so i would feel more comfortable purch...
If you have looked through my profile, you will see 25+ years of Real Estate and Mortgage Brokerage in my background. I was exposed to the better/cooler half of my industry (RE Investing) a few years ago and have soug...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Toledo.
Purchase price: $35,000
Buy - July 15th, 2019 for $35K with $7,784.45 down
Rehab - Costs total $25,938.56
Rent - W...
Hey BP! I just closed on the Refinance portion of my first ever deal, a BRRRR. I guess once I "Repeat" then I would have actually completed the BRRRR process. For reference, I've listened to the podcast for about a ye...