Hello BPers, long time reader, first time post-er :)
We are trying to refine our analysis and are getting a little confused.
Example:
Purchase Price $80,000
Rehab $40,000 (not seeing bids this low in reality...)
...
Just wanted to share the buy-and-hold that has served as my accidental entry into real estate investing. I consider it an ongoing project, as there are additional renovations and hopefully even major changes in the fu...
Price: $127,500, no closing costs
Down payment: $25,500 (20%) at 4.25% for 30 years
Rent: $1200 with Tenant's already in place
Property taxes: $125/mo
Insurance: $100/mo
What other expenses am I missing? I am ...
What kind of strategies do you like to recommend for those who are getting into REI for the first time?
Hey everyone! I recently helped my father close on a 4-plex in Los Angeles this past year via assignment, but have not been able to get down a consistent lead flow for wholesaling real estate. Is there anyone in Los A...
Hi Guys, 1st time home buyer. What do you think of this deal?
List Price 249,000. 3 Unit Multifamily , one car garage
Expenses: Taxes 12,000, Sewer 1,000, Insurance 1000, Advertising 500, Hotwater 2000 ...
Everything I've read here in the last month about due diligence on a multi-unit. It's all true. The maintenance is worse than reported, the utilities are more than reported. The vacancies are twice what was reporte...
I am considering a possible deal on a FSBO triplex and possibly offering a package deal including a duplex as well. These are in South Dakota. I live in Portland, OR but it's close to impossible to find cash-flowing d...
Investment Info:
Single-family residence buy & hold investment in New Castle.
Purchase price: $39,766
Foreclosure listed by Reverse Mortgage. Purchased for $36k, total purchase including closing = $3...
So I've been doing a ton of research lately looking at properties online and in person searching for my first multi family property. I live in southern ME--kittery, Portsmouth, NH-- and I have been having a bit of tro...