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Hi Everyone - Thanks for all your valuable discussion and willingness to share advice. Tapping into the wisdom and thinking of folks who have greater perspective/different perspective and experience is so very valuab...
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Currently looking at a multifamily property.Purchase Price- $371,000Rental Income- $310025% down with taxes/ insurance makes mortgage -$2,040The property is turn key and has been fully redone over the past two years....
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I'm considering buying a condo & renting it out during my retirement as a source of income.I'd pay approx. $232,000 cash for the condo. It would rent for ~$1,500/month. ...
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I have started discussions with lenders to refinance a MF in Phoenix and I was curious about appraisals and the cost incurred by them.Quick background: There are currently 10 CLOSED listings from the past couple of m...
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Hello all I found a property I am looking into. I looked at it and it's very nice everything is recently updated. It is a 3 family and according to the realtors information it is a 2 2 bedrooms and 1 1bedroom. The fir...
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Hello - Wondering if any investors have experience working with a property management company that charges their fee based on a percentage of net income (after operating expenses) instead of a percentage of gross rent...
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Hello, after learning valuable lessons here in BiggerPockets, reading books and listening to podcasts, I'm feeling ready to start investing in real state. I'm overwhelmed with the many options to start so I'm searchin...
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Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
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I've been speaking to quite a few great minds here on BP about my predicament. I'm moving to Woodbridge, VA June 13th which is in the expensive NOVA market. I have a place to stay till September 15th. Afterwards I h...
Hello All, I am trying to purchase a 5 unit in PA. I had requested the following information from the seller.1) Annual property operating data for the last 12 months.2) Current rent roll3) Past rent roll for 12 months...