Townhouse detailsLoan for $177kOwe $158kValue of the townhouse $225kcurrent mortgage $1118 including PMI and escrowHOA $300Total Mortgage+HOA= 1418We could rent the townhouse for $1700 or $1800 as we see others in our...
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Hello,
Found a new listing tonight and looking for opinions. I have placed a link below to the Property Cashflow Analyzer in pdf form. I went with listing price, padded taxes and ins, nothing down(per podcast...
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How is the market in Cleveland - is it tapped? or still good for Multi Family investors?I am an out of state investor (invested in around 15+ doors across Seattle, Phoenix, and Lexington) - and looking to get into Ohi...
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I have been doing due diligence for properties available in my area based on the 50% rule and $100/door cash flow. What I cannot account for is the utilities. Some of the properties have separate utilities that the ...
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Anyone know why rust type residue would be on the bottom of the opening to the bedrooms (pic attached)? There is no actual door in this location just a cut out in the wall that leads to the bedrooms. You can see it...
Hello everyone, Can I please get some help analyzing my first rental investment? I'm looking at this duplex built in 1915 located in one of the nicer sections of Hamtramck Michigan. (I'm very familiar with this area) ...
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Hey everyone, I'm new to the site and appreciate any responses and feedback. I've been doing fix and flips, single-family and multi-family rentals with my two partners for a few years now but we are looking to get in...
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Hello BP! I have entered into contract for a Triplex in South Central LA for $345,000 and would like to get your advice on whether I should go forward with this deal. Here are the numbers:Basic Information: Built in ...
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Does anyone invest in and manage homes that have old or antiquated plumbing systems? Many of the 2-4 multi-family homes in my area have cast iron drain/waste pipe and galvanized water supply pipe. It's not uncommon ...
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Hi everyone, I'm new to BP and have been reading and learning. But I didn't find a direct answer for the "action" I'm going to take.I'm looking to purchase a rental property in the price range of $100K to $200K. I nar...