Michael Sherwood
Deal Analysis I don't get it am I missing something?
fourplex with gross rents of 23,760 (10% vacancy) Total expenses: Property tax 5,592, insurance 1,200, maint and repairs 2,400, legal professional 100, auto 200,electric 360, water 960, other (includes plow and lawn) ...
Damien C.
Investing in condos
I've heard a few people here mention their preferences for SFH's over condos as investments. And I believe some folks have justified this preference as a matter of control over their property--i.e., while the condo-ow...
David Truong
Newbie from Seattle
Hey all,I'm a newbie investor from Seattle, WA and have been lurking, reading, researching on here for a few months. I'm a former engineer looking for a career change and I've decided to go head into REI. My plan is t...
Pamela Rogers
Multi-family question from a novice investor
Hello everyone, I am a novice to investing in real estate and am currently looking at a 12 unit building in my home state. I can afford to put down the 20% but I don't want to. List price is $525k, brings in $102k/ye...
Cole Leonida
First Rental Property Opportunity
Hello everyone!I’m new to BP but excited to be a part of the community. My wife and I have been kicking around the idea of getting into real estate investing for the last year or so. We have been considering flips but...
Account Closed
Slugs
I just purchased a duplex 2 weeks ago where the rents were almost half of market rent. I decided not to do what everyone else in Portland is doing when they acquire a property--namely kick out all the tenants, rehab,...
Michael Wang
Tax question for LP passive investments and personal capital gain
Hi guys,
I have a tax related question if any of you guys have personal experience or knowledge.
This year I have invested in several syndication's as an LP (passive investor) at the same time in which I have sold a...
Benjamin Riehle
Two-Feet Worth of Cat Feces!!!
The Cat HouseA few blocks away from the University of Arizona in a neighborhood known for prime real estate, we had the opportunity to purchase a very rundown property. A house with a lot of promise and character has ...
Albert Xavier
10% Correction in Bay Area market after Tax Reform?
Hi Folks,I cannot understand why more people are not talking about this. Renter:Imagine I am a renter in Bay Area and I wan't to buy an average $1M home here in Bay Area and want to put down a decent 25%. My loan woul...
Nate Kovaly
getting into real estate
Hello all,I am looking to get into rental real estate, however I am in Massachusetts and I was wondering if I should start in MA or look into other markets out of state? 1) because it is expensive 2) there are more la...