Account Closed
Help! in central Jersey- numbers not adding up.
Hello All, I am a newbie in these forums and bought my 1st condo investment property in central Jersey. Lived in it for a year and then rented out.Here are the numbers Its a 2br 2 ba 1100sqt condo with homeowners asso...
John Collins
Longest you've gone with an empty property (for rentals)
Curious, and at what price point? My highest rent property has been on the market for a while and even though I've dropped the price below market, people just haven't been coming to see it this time of year. The agent...
Austin Patenaude
Condo Quantitative Analysis - Thoughts?
Had an offer accepted on my first ever real estate deal - a condo which is in inspection negotiations now. Thoughts on my analysis? Any input? Did i miss anything? Property is on a land lease expiring in 2029 where i ...
Jeremy Woods
Pros and Cons of Buying Multi Units in another state?
I currently own a few single family homes and a condo in Colorado, the market here isn't as ROI friendly as it use to be and so I have branched out to other states looking for my first multi unit. I came across one in...
Naeem Boucher
Analyzing My First Deal
Hello,I wanted to run the numbers on my first deal to get the thoughts of any experienced out there. My long term goal is to become an advanced real estate investor holding property cash flowing a month at least 10k ...
Will Stahl
Buying a Duplex in NY then investing out of state
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...
Adam Bradley
Fiveplex - What would you offer for BRRRR strategy
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 $152,900All units don't n...
Matt M.
I know we all hate turnovers, but…
Hey guys, So we all hate turnovers. But, long term tenants aren’t necessarily great either. Personally I’ve never really cared about turnovers, I’m a DIY landlord and contractor. It gives me an opportunity to do a rea...
Josh Bowman
How to make the numbers work - 2022 Wilmington NC
Hey bigger pockets community!So about 2 years ago me and some friends invested in this property in Wilmington nc. It's a condo off of S kerr ave. Our criteria was 150+$/m in cash flow, accounting for 8% vacancy and 8%...
Steve Balinski
Paint in between tenants? Yes or no?
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...