Hi everyone, I’m trying to acquire a property in Albany, NY. Do you think I should go for it based on the numbers below?The property price is $205KTotal Monthly income from the 3 units: $2,583. Monthly expenses: $2,32...
I purchased a triplex in Salem Oregon at the end of 2016 for 270,000. It was a dump when I first got it, realtor sign was knocked over and graffitied, paint peeling off the exterior, 5 different types of flooring from...
* Data from: http://www.riliving.com/PressReleases/SalesStatsArchive.aspIf you bought a multi-family in 1988, you were flat if you sold in 2013. You'd really hope you'd seen some good rental income in the meantime!Wou...
Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. I'm a Flight Attendant so I...
So I came across a unlisted mobile home park 3 1/4 acre with 13 lots, 100% occupied and none of the homes are park owned. The park is 5 miles from a super Walmart.Wondering what would you guys personally pay for a dea...
Happy Monday,I am a buy and hold investor in San Antonio owning all of mine on the fast growing far westside. Have bought all mine as REOs in the past directly from the MLS most recently as last month, but am having a...
Has anyone thought about what a permanently low interest rate environment looks like? Which strategies will dominate? For example, my end game has always been to hold real estate and ultimately carry back after rates ...
Hey BP,If you bought a property with the potential to rehab then either flip for $125k profit or rent, refinance and hold for roughly $1,000/month cash flow, what would you choose and why? Some background on this part...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,305,000
Cash invested: $326,000
I started looking for a multi-family property in February, 2021. After m...
I close on a property this Friday, the old owner's lease with a tenant ends this Friday. The tenants has no intention on leaving however he knows I plan on renovating and increasing the rent. Do I have to go through e...