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I'll keep this short and sweet. I am basing my numbers as if I were renting out both sides. I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase ...
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Hi BP, I have posted some basics of this property already. I have been going over the numbers and a possible offer to make to the seller. He wants out of land lording. Renters lease up in june but they want to stay an...
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Since I decided to take action with wholesaling, I mailed out my first yellow letters during the first week of march. I was wondering how long should I wait before sending out my second yellow letter if I haven't rece...
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I'm in the middle of purchasing what will be my first investment property and would love some feedback on both the accuracy of my analysis and whether this property was a good selection. The main goal with the investm...
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So I've read that you divide the yearly rent by the down payment or cash in the deal? Is that close to right?
So if I have a 3plex and I occupy 1 of the units, how do I calculate COC?
I did a search and really couldn...
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This is has been horrible story for us...This horrible tenant had finally moved out, found out later from the neighbor he is under warrant arrest by the police the last 2 weeks before he is moved. He didn't even show ...
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Asking price of remodeled duplex: $159,900. I'm assuming we can get the property for around $150,000 (been on the market over a month). It is a 2 bed/2 bath unit (x2) on quiet dead-end street with attached garage o...
Is hiring a property management company necessary to manage your rental properties. If so how do you know if you have a good company? Any suggestions on a good company in Houston and surrounding areas?
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First post here! We own two properties:
-Our primary residence: $345K left on mortgage (about 28 years remaining since we refi'd 2019). Current rate is 3.875%-Rental home: $225K left on mortgage (26 years remaining s...
I am looking to buy several homes. I have recently purchased a home in Huntsville, and one last year in Austin. I am looking to add approximately 1-2 homes per quarter and like the price range of 200,000-325,000. R...