Would you buy this deal? This is an 8 unit apartment. Based on several comparable apartment buildings, 2/1 units are leasing for $550-$650. My plan would be to increase the rents to this level over the next year, repr...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Grand Rapids.
Purchase price: $133,000
Cash invested: $11,000
A duplex on the Northeast side of Grand Rapids minutes from ...
I received a call this afternoon from one of our tenants. She advised she wants her ex-husband (joint tenant on lease) out of the house. She stated he does not pay for anything (lease or utilities) and supposedly th...
Working through a messy permitting issue in Los Angeles, CA. LADBS is requiring installation of a fire sprinkler system. I plan to submit for a modification. Does anyone have advice on an alternative Active Fire Pr...
HI All,I have a potential opportunity that I am considering quite seriously. Here is the skinny:Single family house in Airdrie, Alberta, Canada (Nice B neighbourhood, close to schools, transit).A little background on ...
Hey everyone,This is my first post, though I've been reading this blog, MMM, and Afford Anything for a quite a while now.Here's the situation: I purchased a lovely property in south Harlem when I was 24, lived there a...
45k purchase price. 3br 1 bath SFH. 10k down. 35k borrowed. 10 yrs at 5%. Monthly princ and interest payments of 375. Taxes and insurance 100 a month. 475 total piti. 675 rent. 200 cash flow.
I'm Trent Kruessel (krEE-sul), a greenhorn real estate investor from Salisbury, MO (55 miles north of Columbia) and I have little to no experience. I bought our house and farm at a public auction and luckily got a go...
Hey BP,
I have $100k collecting dust in a 401k from a previous job. I'm considering either rolling this money into my current 401k (boring) or doing something more "real-estate-y" with it. I understand there are ways...
Hello - I am looking for some assistance in reviewing the financials for a 10-plex deal in Oklahoma City, OK.What am I missing? Is this deal worth pursuing? Details:Sales Price: $750,000Seller Offer: $5,000 in closing...