Hi,
I'm looking at a 3 unit near a college in central PA.
Units rent for 600, 650 & 700 ($1,950 per month total)
Owner pays for heat (approx $4,000/yr) and water (approx $1,800/yr)
Price...
So, I have a 2 bed 1.5 bath house in a 5 unit townhouse (906 sq ft), 2 carports, with HOA. I got the place at $175k and I'm currently at $158k and my apr is at 3.25% with a mortgage of $976 per month. Insurance is no ...
Would love some opinions on this one. 2-family built in 1920's, plumbing/heating updated last 5 years, electric updated last 15-20 years. Everything else recently re-finished (floors, paint, drywall, etc). Prelimin...
Working on a rehab to the studs if a 2 family in a high end tourist destination. The current heating system is natural gas with old cast iron hydronic radiators. I can easily add ducts since the ceilings and walls ha...
What are the mechanics of a seller carrying a second lien?...and would the process simply be that they apply for a HELOC and loan the cash?...or can this be structured some other less intrusive way?
Hello all, I am looking at a 13 unit park to invest some of my self directed 401 in. It looks like a decent deal, but I am wondering what you would recommend for an offer and how to best finance to maximize return...
Hello all,I'm so excited this is actually my first discussion on BP. I need help pricing out a rented 21 Unit condo in Bayonne, NJ. The building has 21 units 1 bedroom and 2 bedroom, gross income is 190k. The building...
In the past I would only buy rentals that had great cash flow. In my area it's relatively easy to get single family homes close to the 2% rule and apartments at the 1% rule( C class properties). I have many homes and...
I own a duplex that has one water meter and each has one tenant. I pay the water which is included in the rent. Avg monthly bill is $50-$60. This month's bill was $180. All fixtures and plumbing are new. I don't know ...
I'm under contract on a 24 unit, independent senior housing complex. It currently has a 20 year HAP in place with an annual 1.4% rent increase. It currently has a waiting list and is a 7% cap. Someone mentioned to me ...