Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...
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Hello BP...i am just finishing my first complete rehab of a home. Purchase for 15k, put 12k into the reno and beleive the ARV to be around 40k. My plan A is to try and pull a mortgage out of it, 30k, and recoup my i...
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I recently purchased a duplex. One unit was vacant, one unit has an existing tenant. I've already put the existing tenant into a new lease so that is not the issue. The issue I have is with the former lease. I was und...
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I hired a General Contractor/Small Co. (in business for 40 years), to add an addition to my Airbnb rental house. I paid half down in March 2018 and he was suppose to start on July 9, 2018, that is when I was closing t...
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My goal is to be 100% done with my W-2 job in 5 years through REI and move from LA to Colorado. If I can do it sooner than all the better.I hear on the podcasts so-and-so quit their job and now are doing this full tim...
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Hello,What is the typical waiting time before remodeling a house and when a mortgage can be placed on the property? I recently acquired a gutted house with cash and am looking to remodel the house before putting a mor...
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Fellow BP'ers: I'm part time real estate investor looking to elevate my investment strategy into multi family. We've both been researching markets, educating ourselves on best multi family best practices over the past...
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It's Friday... time for the bandits to come out! I was planning on putting out my first campaign of bandit signs, but I see thunderstorms on the forecast tonight and tomorrow. Does this ruin the signs or reduce their ...
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Ive got a few properties under my belt but recently bid on my first HUD...haven't done much home work on HUDs so a little anxious on what to expect.Looking at assessors website it looks like It "sold" or "refi'd" for ...
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I am considering selling a mobile home park that I own. There are 31 lots. 24 lots have homes on them. 19 of the homes are park owned and are being sold on contract. I have a prospective buyer, but he wants seller...