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Currently under contract for a 3 bed upper/lower duplex. It was a FSBO listed around market rate, but I know if it went on MLS it would’ve gone for more. 3 bed duplexes are hard to find in my area to purchase and to r...
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Does anyone have any info on the rental market in Berlin NH? There are a lot of properties for sale there and I am wondering if it is worth looking into. I was thinking of calling the chamber of commerce to see if th...
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I pretty regularly circle back and review my figures for prior deals to see if there are any tweaks I can make to improve the accuracy of my forecasted investment performance.I went back to the figures I’d prepared to...
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I sold a rental property that was generating rent. I did a 1031 exchange added some money to it and bought another property that I knew had some title issues that I believe are low risk and the risk to reward was huge...
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Market is strong and continues to improve. Everybody likes speculate on how long the rally will last, how much steam is left in the market, and how bad next crash or correction is going to be. It is entertaining but l...
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BackgroundI have learned a lot from people on the BiggerPockets boards and I wanted to offer some of my experience in the hope that someone else could find some useful information. I started following the real estate ...
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First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
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Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
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So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
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Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...