Gabriel DeVita
Closing Cost Question (am I getting worked over?)
My first property is officially under contract. It's a small 2/1 here in the Upstate of South Carolina. The purchase price was $72k and I agreed to pay closing costs, which I assumed would be $3-4k... Boy was I wrong....
Bobby Beard
How many of you would do this deal?
Two triplexes. 2/1 with storage and w/d hook ups. New roofs, new AC's, new windows, New tile flooring in all units. Property is in great shape. Current rents are mixed totaling 3500. With in a year i can take rents to...
Michaela G.
Hypothetical on grandfathered duplex
So, I'm just curious about this very unique situation. I'm not personally interested in buying at this price, but just wondering about responsibility of the seller. This is just for learning purpose. Long story to set...
Nicholas Norris
Depreciation on a Rental Property
Hey Guys!So i was using an excel spreadsheet to analyze a property that I may purchase this Fall. However, I noticed there was a cell labeled "depreciation" which always comes out as a loss. I tried to research what t...
Charlie Gonzales
New Business and maybe a triplex?
Hi all,This may be long winded and possibly deserving of 2 posts, but I appreciate any feedback as I start this real estate journey.I'm a New Orleans native currently living in Atlanta. I have approximately 3 years be...
Dave Hecker
Starting out in DENVER
Hello everyone -
After a couple of years reading and learning about RE investing, my wife and I have finally moved to Denver and I can get started!
I am hoping to find/invest in duplex/triplexes in the Denver area, ...
Account Closed
Fresh out of college, rent for a year or buy cheap?
I'm just finishing my master's in electrical engineering. I'll start my first job making $80,000 a year + 18% retirement in June. After putting in the minimum to get all the matching from my employer (4%) I'd like to ...
Koob Moua
Trying to get a loan for a duplex with 20% down
Hey BP family,
Wanted to reach out to you guys here. I have his duplex that I have under contract and wanted to put 20% down but now my lender is telling me I have to put 25% down. I need help here, is this true that...
Christina B.
Granby Ranch HOA (Colorado) just added a 2.7% surcharge on STRs
Not sure how many here will be affected by this but it adds to the tougher landscape for STRs in the mountains. This was pushed through in the last meeting (no vote) by the Board of Directors and will commence January...
Derek Sperzel
Flooring Options
I own a house I am going to rent. The carpet is trashed, and it has original hardwood floors under the carpet, and I have refinished hardwood floors in the past.
My question is, am I better off refinishing the har...