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I'm currently analyzing the two 4-plexes below. Even if they both check out, I will buy one or the other, not both.
FOUR-PLEX #1 - $125,000
All heating units less than 7 yrs old. Roof replaced 5 yrs ago.
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Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
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Hello everyone,First discussion here on BP.I have been watching the podcasts and reading the forums and articles for a short time now, and am trying to get a solid understanding of this new world around me.Recently de...
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Duplex 2 bed 1 bath on each side with 2.5 car garage. Listed for around 269kOffer around 250kRents for $2200-$2400 totalTaxes are about $6900Loan 3.25%Great area that will supply A+ tenants. This would be my first pro...
My wife and I are beginning to plan for retirement, and would like to do that in Nashville as opposed to our home town of SLC. We are shooting for that to occur in abt 8 years. We've watched as the market in Nashville...
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There's nothing like the feeling of getting that "slam-dunk" deal under contract. The perfect property at the right price, that checks all the boxes. This past week I felt I had such a scenario. After competing with 2...
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Go easy on me, I'm new to all of this! I'm not 100% novice, I'm already a homeowner, living in Cleveland, Ohio. I would like to use savings and some home equity to purchase an investment property, perhaps a two-family...
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Hello!I own a 5 bedroom 3.5 bath 3,000 square foot home in Rapid City, SD. I'm in a nice location right between 2 busy hospitals. There are a couple of duplexes down the road from us that have an excellent occupancy r...
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I'm just a novice investor but the more I read about LLC the more disadvantage i found than the advantages it provides. Cons:cost more to setup, cost more each year to file taxes, can't take out conventional mortgages...
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I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...