For the money that my wife and I have spent in the past two months, I could have bought a brand new truck, or bought a the camper that we have wanted for a long time. Or an awesome hot tub, which would make my back p...
I am trying to help an elderly (70 year old) gentleman purchase the property where he is a tenant. He has lived there forever and did not know the property was being foreclosed until a truck showed up one day to tell...
I’m new to investing, and currently involved in my first deal (a house flip where I’m just a partial investor).My current plan is to begin House Hacking after this deal by using an FHA loan for my down payment. (Don’t...
Price $294,000
20% down = $58,000
Annual Mortgage = $16,000. (4.25 for 30 years)
Annual rent = $81,600
Estimated annual expenses = $8,500
NOI = $56,500
Not sure how much to keep for repairs ? Could you help ...
This should be fun.
Just read a question asking if the LL could turn off the utilities.....hmmm :)
Well, no.
I recall a public housing director in a small town who told a tenant that the front door had to be repa...
In Florida, if a property is listed for 170k, but when you check it out with a realtor the property needs work, and let's say it needs 10k work, so the correct offer price is 160k. If the realtor knows this from her/h...
Hello,
10 years ago I bought a 4 suite building in Brooklyn with my best friend. We agreed at the time (verbally only, because we were best friends) that either party could get out of the venture after 3 yea...
Hi, I'm redoing the kitchen in a unit, and I have some concerns with placing the electric stove and sink.As you can see from the picture, it's a very small kitchen area (might even call it a pantry, the fridge is left...
Hi All,
I am somewhat knowledgeable with real estate as I listen to the bigger pockets podcast, I have read The book on rental property investing by Brandon Turner, and I have watched countless number of videos on re...
I have a tenant that recently moved out. I had left a cleaning list with the tenant and didn't get a chance to do a walk through before they left. Need less to say they didn't put a whole lot of effort into cleaning ...