Hey guys, First post here on BP... I've been reading and trying to edumacate myself on here though for a while now. Figured I'd layout my first purchase with some questions... any and all comments/suggestions are welc...
Purchase price: $152,00020% down: $30,400Closing costs: $2500Monthly rent: $1295Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)Looks like a...
People say around here... You can think about it or just do it... We'll I did it. I currently live outside of the US, own two rentals in Colorado and slowly working my way into real estate. With recommendations found ...
Ok, so i was wondering if I'm missing anything on the first numbers i have ran on an actual property. Let me give you a rundown of how it went. listing price 169kcash to close would be 11129month rents are 1350prop ...
Has anyone had experience being an owner builder and built from the ground up on vacant land while using cash or private funds to fund the entire project, and then get a mortgage (getting all money invested back) and ...
Looking to make meet fellow BP members in the Oklahoma area
I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...