Fellow investors,I created a spreadsheet to help calculate ratios and determine if a property is a good investment. I believe that some of my assumptions are very conservative and may have led me to pass on some acce...
Wasn't sure where else to put this...
They have been re-siding my building the past couple weeks and when I came home one day, I noticed the wall inside the garage was ripped up right where the A/C freon lines are. ...
Here's the deal:
I'm buying a 29 unit building for $820,000
I have the first in place at: $620 at 6.5%
I have a second in place for $50k at 6%
I could get another loan for $150k at 16%
If I did it this way it wo...
Question and/or advice.How would you handle a Rehab when the Design and Budget clearly are not in line with each other?Situation:Client has the home, hired a architect, have the permits but now the budgets are way ove...
I am in contact on a four unit property and have run into a possible financing hitch. Here is the scenario. Purchase price 75K. Rent roll is 2390 per month. The projected monthly expenses are @ 1000 per month, which i...
Hello everyone my name is Pablo Ottenwalder. At 17 i lived in Boston Massachusetts. While I was there I made all the wrong decisions I ended up homeless and sleeping in my car. My girlfriend at the time was pregnant I...
I am currently starting out getting involved in the real estate world. I am seeking funding and one option I have is I currently live in a reversed-mortgaged family members home. I plan to purchase the home from them,...
Hey guys, first I want to say thanks for looking at my post and any possible replies.I'm brand new here to BP I'm 21, and I'm a truck driver OTR making pretty decent money. But I want to make the switch into REI as a ...
What do you seasoned LLs think about 2-bd units (not stand-alone but part of 2-unit buildings - i.e. two 2/1 units in a building. All of the immediate area are building like this - 4-plexes with 2 units on each side, ...
Does anyone want to try it? No charge. Only throwing it out there because I'm still yet to close on my first STR.
Fair warning: I haven't tested this at all. Could damage bookings for whatever time window you leave ...