Ed Nunno
amortization
can someone please explain exactly what this word means ?
Marley Carnes
Help running numbers for a STR in Navarre Florida
I'm brand new to investing and planning on purchasing my first short term rental in Navarre, Florida. I'm have a really hard time running numbers to get an accurate idea of how much it will cash flow and it it would b...
Vinay Sanapala
Ready to Dive into Section 8
Hi, all! Appreciate the amazing insight and support you all provideI'm looking to build a Section 8 portfolio and looking for some guidance from those who have done it.Some details:My personal mission is to take care ...
Sam Epstein
How much to bid at auction? Also IRS liens?
I have a property I am interested in bidding at auction and need help figuring out a max bid. this will be my first auction purchase. I have some experience working for my dad as he has around 30-40 cheap rentals, but...
Kevin Rogers
7 unit apartment with no owner records
I am in pursuit of purchasing a 7 unit apartment building. The area is good. The cash flow potential is very good according to the asking price. The bank needs two years of rent history to assess the value of the buil...
Will Zena
Identifying the rental market in my area
Hi,
I have been starting to gauge the rental market in my area (southwest florida). I have been checking rents on Craig's list to get an idea and have asked a local realtor as well to get his opinion.
Can anyone p...
Laquel W.
New member from the Bay Area California
Hi all,I'm a newbie from Northern California, specifically Oakland. I'm new to real estate investing and am interested in buy and holds, small multi-family units (primarily duplexes) as well as single family homes. I'...
Account Closed
Analyze my FIRST deal
I am about to purchase a 3 bd/2 bth 1498 SF property in Indianapolis. Pike township.Purchase price is $119,900Rent: $1,17520% down + closing cost: $26,858Principal + Interest (4.75%): $500Property Tax: $200Insurance: ...
Deren Huang
Rate this MultiFamily deal
7 duplexes and the investor wants outC- area, most tenants are section 8(4) 3/2/1 and (3) 2/1/1Seller can finance, his terms: 10% down, 30 year @ 6%, 3 year balloonPurchase price: 600,000Appraised 10 years ago at 107,...
Luper Akough
Rehab Costs
Hey BP Members! I am planning on doing my first flip and a bit nervous to say the least. The biggest concern of mine is having cost get out of control. I am not a contractor but I am capable of learning things quickly...