Kevin Rollins
Would you do this deal?
This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...
Danny Webber
Why "Financial Freedom" is a myth and "Financial Health" should be your goal
People peddling "Financial Freedom" in the form of a course/class do not understand the term.The term "financial freedom" is often used to describe a state of being where an individual has enough wealth to live their ...
Tom D.
My Parents Want To Leave Me Their House . . .
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...
Eric S.
First rental with a lot of equity - WTD?
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)...
Jerry Evans
I need another pair of eyes, please, help analyze this deal
(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...
Dale Tucker
Good deal?
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 ...
Brett Allen Crisp
Righting the Ship
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...
Anthony Rullo
Am I overestimating my expenses on the Rental Calculator?
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...
Veda B.
New member, lots of questions!
Hey all!
I have been listening to about 2 bigger pockets podcasts a day to and from work for almost a month now, and recently took the plunge in setting up an account. I'm located in sunny Dallas TX and want to start...
Adam Craig
Looking to make first offer on an apartment - check my numbers?
After 7 years of the single family rental/flipping business I am finally ready to get my feet wet with a small apartment building. I have lots of single family experience but I am hoping for some guidance on my first ...