Hello everyone and let me thank everyone in advance for your input and help. I am very new to real estate but thought I may have a opportunity to do something with my fathers basement and my mothers house. They are bo...
Hello,I'm a newbie REI, looking for my first deal, so any advice will be much appreciated. I've been looking at this deal below, the asking price seems very fair but from the pictures, it seems like it needs a lot of ...
Hi all,. First rental property, first tenant and now sending a three day notice to pay or quit four months into the lease. I admit I have been lenient with my tenant and have now allowed him to be two months behind(Fe...
I am considering pulling a 100k out of my 401k to fund a down payment on my first rental acquisition. I live on Long Island so real estate is pretty expensive here. I would like to start with a two family house. A...
First deal, I'm sure I made some mistake, thus the post!Duplex - C Neighborhood 40k - Purchase Price - 25% Down ~10k4k - Closing6k - Roof Repair1.7k - Misc Upfront repairsMonthly Expenses/IncomeUnit #1 - $450 - Curre...
Hello,
We paid 485k for our home in 2010. After a recent refinance it was appraised at 550k. We owe 377k @ 3.25% fixed. Our PITI is 2100/mo. PI is 1700/mo.
A home identical to ours a block away is listed on the ...
Hello BPWe will be renting out our house in the future here in the west Michigan area. It has a pool that is relatively shallow; 4' at the deep end and 3' at the shallow end. I am not sure if it was meant for a lap ...
I found a townhouse for sale that I think would be a great first investment property. It is 2000 sq ft and is a 5 bedroom 3.5 bath. It currently has renters in it and to my understanding they will be there for at leas...
Hi everyone, I am fairly new, now hunting for my 4th investment home. I only have financed homes and did BRRRR and never purchased with cash before....... Also I have never purchased mobile/manufactured homes therefor...
Hello BP Community!
I have a multi-family (4-unit) property that my parents and I are looking to acquire in Michigan (Northern metro Detroit). It is an interesting piece and I would LOVE to get some feedback ...