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Hi everyone,
My fiance and I are going to multiple open houses in RI, around the Pawtucket / Warwick area. We are 22 and currently renting. Does anyone have experience house hacking in RI and if so, is there anything...
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Hey BP members! I was toying with the idea (loosely) of investing in a car wash. There are two for sale in my vicinity. One has 5 bays, one of which is full service.Question: does anyone have experience with a ca...
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I'm fairly well-versed in the areas of asset protection, having been a client of many attorneys and accountants over the years and have my own way of doing business using various entities, but still need assistance an...
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I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...
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What's up BP! I have found a very interesting deal that I would love some experienced investors to weigh in on. The deal is as follows: Eightplex in Hickory NCAsking price $210,000 (trying to get it down to 150-170k, ...
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Hello everyone, A family member has some cash and wants me to invest.Why me? I'm a civil engineer with a steady income, good credit and no debt.My question to this forum is, how do I go about? Here is a scenario for a...
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Hi Everyone,I'd like your feedback for applying new terms (or teaching me existing terms). So far, market reporting tools like Airdna use traditional industry terms, such as ADR (average daily rate) and RevPAR (revenu...
Here is what I am considering for my 1st deal:
$63k purchase price for a duplex
Rents are $550 each unit + utilities
RE Taxes are $1,517 per year
Here is what I underwrote:
20% down
6% fully amortizing 30 year loan
...
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Hi BP'ers! I am just starting and looking for a stable way to retire and take care of my disabled husband in 5-10 yrs. So early this month I've made an offer at full price on this property and doing my due diligence. ...
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I know just enough to be dangerous but not enough to not get myself into trouble. I have a lead on a place that the owner would consider some sort of alternate financing. He still owes about $250,000 on the property....