I have kept rent very low on one of my units because it needed work. I'm getting work done now and would like to bring it closer to market. I'd love feedback on the following:Tenant has been great for 15 years. His ...
@zane belden and I have been working on a deal to buy a 4 plex. This process started 6 months ago. We made contact with our realtor through Zillow and she showed us 3 properties one day and we put an offer on one o...
I have been following the "Is it possible to get rich" thread, and I got to wondering, "What is my number?" I think we all have or should have a number/goal in mind to think we have it "made". I know it is always said...
Hello everyone.
I'm a newbie on this forum and very interested in learning more.
I have 2 questions:
- Are you a full time real estate investor?
- If so, how do you get financing?
I am...
I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
Good afternoon all!A little about myself. I bought my first house in 1999. It didn't stop there. Being military my spouse and I would purchase a house every 3-4 years and buy and hold. We did sell a few along the ...
I'm. Probably looking at a loss on my first flip considering realtor fees. If there were no realtor fees, walla, I'm profitable. Is that a reason to just do fsbo? Seems really sucks to hand over all your profit and gi...
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...