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I ran the numbers on a property I am considering as a rental. If my assumptions are correct, and some may not be, seeing as I am unsure as how to best estimate certain ratios, or percentages. Anyhow, if my assumptions...
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Hi All,I bought a SHR in Philly from a rehabber a few months back for 70,000$. After PITI, PM fee, capex & vacancy reserve, it cash flows around $300 monthly. The property before the rehab was very likely a forecl...
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I close on Friday on two buildings (30 storage units) and a small office space. Currently ill-managed with 27% vacancy...while the area is about 98% occupancy on storage.Anyhow, have another buyer interested in picki...
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How profitable would this be in the District, Maryland & Virginia (DMV) market? I noticed Bethesda, MD is an area where this is popular.Maggaline
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I'm in Los Angeles, CA and I'm looking to bid on an REO on the auction site "HomeSearch." It's occupied by the children of the deceased former owner...and perhaps all their high school buddies as well. It's a rather...
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Hi BP,I'm new to forum and to RE. I'm still in the learning process and been lurking the site for a few months now. I've been looking for the perfect property in Kansas City for my first flip for the last couple weeks...
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I'm 23 and graduated college last year and have thus far paid my student loans down to $163,000 (yikes), with an interest rate of 6.62%. Before taxes I will make ~$80,000 this year. I work in a very stable industry an...
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Hello all. I’m a newbie. I posted this is another forum so not sure if duplicates are allowed. I didn’t get any responses so I thought I would post again
I have a small rowhome in an up and coming area in DC. I bo...
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Does anyone know why the minimum bid allowed at an auction is not just the reserve price if they won't take anything less anyway? Seems like it just waste people's time or am I looking at this the wrong way
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As a beginner investor looking to use BRRRR strategy , how do you search or choose where to invest/purchase out-of-state (OOS) properties?