Hey BP Community, I wanted to take the time and outline the strategy for my REI here in the forums and hear feedback from the community to see how I can improve my ideas. Some quick background on me - I'm 24 years old...
Fiveplex built in 1986All 5 unites occupied4 X 4br, 1ba @ $525/mo1 X 1br, 1ba @ $485/mohttp://www.realtor.com/realestateandhomes-detail/5...Seller is asking $185,000Market value per county is $152,900All units don't n...
Hey guys, So we all hate turnovers. But, long term tenants aren’t necessarily great either. Personally I’ve never really cared about turnovers, I’m a DIY landlord and contractor. It gives me an opportunity to do a rea...
Hey bigger pockets community!So about 2 years ago me and some friends invested in this property in Wilmington nc. It's a condo off of S kerr ave. Our criteria was 150+$/m in cash flow, accounting for 8% vacancy and 8%...
Hello everyone,
I'm curious how many people paint in between each tenant? Surely depends on condition, but if it has some basic scrapes and marks here and there, do you repaint for each tenant?
im calculating th...
After doing analysis on a 250k SFH, we find out that the Monthly Cash Flow will be $200, yielding a Cash on Cash Return on 4.8%.
I do think tax will be a decisive factor (Depreciation, and all) when buying a property...
Hey,New to Bigger Pockets here. My wife and i are looking into investing in our first rental property. Due to the high markets near us, we are looking into investing in an out of state market. We have begun the pro...
Hello everyone!I posted a couple years ago about my struggles in an attempt to buy my first property. I closed on my first investment in late 2020 using a double VA loan. We bought a recently renovated duplex, and it...
Hello BP Members!My wife and I are currently trying to start our real estate investment journey by house-hacking a property in Philadelphia, PA. Ideally, it would be a multifamily property, but we are also open to the...
I have an option to buy a home that is 205k and can rent for $1,600, but could possibly sell for 235k-245k. I want to make this a rental property. However, it does not meet the 1% rule, and the only way to make the nu...