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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....
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That's my goal. just getting started into investing in real estate and will have my first property under contract hopefully within the next couple of months.I'm planning on reaching this goal through buy in hold in th...
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Hey Bigger Pockets masterminds- If you were me, what would be your next move? I’ve lived in Hawaii most of my life. For five years I’ve house hacked a short term rental with great success. Earlier this year, the va...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Boston.
Purchase price: $750,000
Cash invested: $75,000
First of two 3-family purchases in Charlestown (Boston), Massachus...
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Hi all, I've got a deal I'm considering and would like your advice. We are eyeing a guest house on the beach in Sri Lanka, an island I've been to 5 times now, and which is booming. Here are the details-The owner is a ...
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I’m considering purchasing a convenience store/gas station that doesn’t have any land/structures included (just the inventory and leases). It’s $40k plus inventory and the books show a net profit of $58k/year. At this...