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BAD DEAL:I signed a purchase and sale agreement for a home in Chattanooga, Tennessee, Orchard Knob, on the southern end. The property is a single family, 1300 SF, 3BD/1BA, got it for 65k, anticipating $1000/mo in rent...
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Investment Info:
Single-family residence buy & hold investment in Newnan.
Purchase price: $180,000
Cash invested: $45,000
This was my first rental property. It was purchased via MLS through my am...
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Hey everyone! Finally entered the ranks of Real Estate Investors officially with the close of our first REI deal. It was a Low Money Down/House Hacking deal as well. Here's how it broke down:Purchase Price $197,000App...
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I’ve been an interior designer for over a decade now, and truly feel that my experience and degree have brought me to this new venture! I love my job, but recently turned my focus to [somehow] investing in either SFH ...
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Hello BP forum. We are a design/engineering/build firm located in Sacramento, CA. Frankly, with the market shift, volatile material costs, risk, etc. we have decided to not build for "end-user clients" a...
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Can you guys and gals help me check out my CAP rate calculation and tell me if there is any thing I have forgotten?
Cap Rate is Net Operating Income divided by Property Cost or Value.
Net Operating Income=
+Revenu...
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My duplex in Ohio is giving me trouble and I am looking to invest in either South or North Carolina. My budget is 165k max. I have an agent in South Carolina showing me condos in the myrtle beach area, and I want to k...
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Hi guys! I'm an landlord of a 4 family brownstone in Brooklyn, NY and want to go into flipping. I've been reading forums, listening to podcasts, reading books on flipping for months now. I want to start developing rel...
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Hi All,I'm looking at a multi in Worcester currently occupied with section 8 tenants. From what I've gathered speaking to the housing authority my options in raising rent or removing tenants, even if month to month, a...
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Hey BP,I am in the process of making a final decision about buying this 4 unit flat, independent layouts under the same roof. The numbers from last year that I got from the seller are in the table below. With all incl...