Marco Campos
Analyze my first Apartment Building deal
Looking for feedback on the possible deal below.This property is in a B to B+ Neighborhood.13 Unit $490,000 (loan would be 5.5%, 10 Yr, 25 Yr amortization w/20% down)9- 2 Bdr and 4 1-Bdr (2 bd apts range from $700-750...
Thomas Oakes
PNL report for apartment complex
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
Michael Hill
Introduction
Hello!New to the forum. I have been devouring the Bigger Pockets podcasts for about 3 months now. I am a very "newbie" when it comes to real estate investing. The prospects have me salivating and I cannot get enough o...
Shakeb Syed
Hold or sell a house in La Porte, TX?
Hi BP,Real estate and BP newbie here. I have a house in La Porte, TX (inherited) that I am trying to figure out what to do. I ran the numbers using the BP buy and hold calculator and the numbers are not pretty (showin...
Nathaniel Hovsepian
When is it good to take a loss?
I have recently come to the conclusion that I need to sell a property that is too much work for me at the moment for a loss. I purchased the home for $26k and put another $6k into it.I took the drywall off to replace ...
Laura Granelli
ROI Low- getting cold feet
Hello all,
I’m new here but have been listening to podcasts for a while. Husband and I have been looking for an investment property to rent. We recently found a very small house and offered in haste. We ran the number...
Clint Looper
Turning around a Mobile Home park.
So I just got a mobile home park under contract. The agreement is well below the advertised sale price and puts the park at a 10 cap.
The park is only at a 30% occupancy rate and the owner isn't running it well and ...
Amy A.
What's it like investing in a southern climate?
As I prepare my Maine rentals for winter - hiring a plow guy who will actually show up, finding the best deal for oil, making sure my tenants shut their storm windows, etc., I have to wonder if there's a better option...
Maria Boykin
First solo rehab deal. Cambridge, Maryland rehab.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $48,000
This is a great property with a beautiful wrap around porch and nice size yard. The...
Atif Khan
New to Bigger pockets
Afternoon, I just got done flipping my first house and lost quite a bit of money so I joined here to learn how to find better deals in Texas. Texas is a non disclosure non judicial state so I was wondering if anyone h...