My parents have made a will leaving me their home. They're in relatively good health, however, I've read horror stories of families losing homes to medicare. So, I asked them to meet with a lawyer, thinking a living...
First off, thanks for any replies in advance, as this is my first BP post!So I still have my first primary home that I was fortunate to have bought in 2013 (bottom of the Fairfield County CT market by rough estimates)...
(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
Hi all. We're new to real estate investing and getting ready to look at a 4 unit locally. Great community, top schools, upscale area. They're asking 325k (price just dropped 15k). Stated gross income is $41k per year ...
Hello Bigger Pockets community! Other than my newbie intro, this is my first official post on the boards: of course it involves a question, but first a little background: I currently have a rental home in Florida (m...
Hello BP Community! Long-time lurker, First-time poster. I'm looking to make my first Multi-Family purchase to rent out. When I plug all the numbers into the BP Rental Property calculator, every property I check is op...
I'm in attorney review on my first rental (SFR), as a no-money down deal! (I have a private investor willing to finance me on 100% of the purchase price) Very exciting. I have been on BP for a while now and I've ru...
I have an accepted offer on my very first property and I am looking for some feedback from more seasoned investors. The property is a 1br per side duplex (going to be owner occupied) in a trendy neighborhood. It's an ...
I've done some research here on the forums and everyone recommends that getting your license is a good first step. However, the startup costs can be quite expensive and it may take a couple months to get your first p...
Hi BP,
My wife and I are looking to take the plunge into the world of buy and hold real estate investing. Below are the particulars on the property that we currently have in mind. It is a duplex in a decent suburb ...