Hello,I am currently located in the Denver, Colorado area, looking to start doing some fix and flips to generate some extra income and eventually transition to a full time real estate investor. One of the biggest limi...
two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
...
Hello,Just want to know if anyone have tricks of the trade they can share to get the most deals needed to renovate bathroom/kitchen?For example, someone told me I can get cabinets replaced by going to Lowes and they w...
I'm starting a fix and hold. My better half and I are having a discussion on a couple things. This is a b class rental and I'm of the opinion that we should not provide a garbage disposal or an ice maker because those...
Folks, I need some suggestion/advice/thoughts on what to do with a kitchenette hook up in a split level single family property that I am about to close on for buy & hold. The upper level has a full kitchen and the...
I’m newer to investing and came across a condo for sale in Florida which apparently is a “condo-hotel.” My understanding is that the building will rent this out for you and take a percentage. Does anyone know both the...
Hello BP Community, I am currently house hacking a duplex that I purchased last year. When I purchased the property, there was already a tenant in place in one of the units and I moved into the first level unit. The...
Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
Hello everyone,For starters I already know that I need to talk with my CPA. But he's on vacation for the week and I'm curious.I have a rental that has been having issues with clogged main sewer line. So I send someone...