BP, New investor here and an opportunity has come across my plate and I need your input. Here are the details.Purchase Price: $1.6m w/20% down 48 Units, 90% Occupied. A mix of 1/br & 2br. Old management charging ...
Hi, i'm 22 years old and looking to get started in real estate. Im trying to decide if flipping a home or buying a rental property is the best option for my first investment. I have a good amount in savings and I'm wi...
The 50% rule (or guideline) says you should not exceed 50% of your gross income in debt service.I.e. Principle and interest payment every month. Example, your gross rental income for the month is $1,000.00.Therefore y...
I have only posted a few times as I am hoping to start purchasing rentals soon. For those of you that have had rentals for several years, maybe even a decade or more, I know there is not a exact number for this, but...
I am trying to rent my first property should I get a new or used stove and refrigerator or leave no appliances, what about a dish washer, garage door opener, or garbage disposal.
Looking for opinions on build-to-rent companies such as https://southernimpressionhomes.com/ and https://invest5s.com/portfolio/.
Are they a good option for investing in areas away from your home base? What type of r...
Hello,
My husband and I are interested in investing in MHP's.
We are looking at one that is a 25 unit park, all owner occupied, 100% occupancy, appropriately priced, however- all of the homes are over 4...
Ok so I am a very very early investor. Still don’t know exactly what strategy I am going to fully invest in far as. The BRRRR,Flipping,etc. But I am currently employed as a welder and an older guy around in his 70’s ...
What are some loans that are great for first home buyers, fixer uppers, renting duplexes or anyone who can't put a lot of money down and doesn't have the best credit?
Obviously it sounds bad, but we can afford a dupl...
Hey BP!
I'm new into wholesaling in the Lehigh valley Pennsylvania area. I have soaked up as much as I️ could in these past 3 months or so in everything from finances to real estate closings etc. and decided to just g...