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...
So I am not sure what to do here. I have a single family home in st augustine that I manage from out of state. Great tenants, no issues there. My issue is as far as managing repairs. My roof needs to be replaced (just...
Hello everyone. So I got a notice in December from the City of San Mateo's code enforcement unit to replace an exterior wooden staircase at my family's property with one that's up to code. I hired an engineer to draw ...
Tenant property in Birmingham, AL (35204): Tenant reported "blocked toilet". Plumber went today and explained pipes are blocked, and some corroded (expected with the age of the property), but unable to say where the ...
Hey Guys,Im a noob trying to get a good idea of any cost that might jump up in the middle of a project.Are ALL of the holding and closing cost (buying and selling) usually financed through the hard money lender or who...
Hello everyone! I have been lurking on hundreds of posts over the past few years and eventually registered on here last year. I'm lazy at posting because I'd rather read people's stuff than write my own stuff. Why did...
Hi guys,
I'm from the Bay Area and planning to venture in the Midwest with a partner and started looking at MFH close to downtown Indy. I'm focusing on cash flow, and found a good realtor to help me find cash flowing...