Hey all,
I’ve got a potential deal in Ishpeming, Michigan that I’d like to get some input on my evaluation results:
TLDR; Property cashflows $190 but the COC return is only 4.9% due to assumed soon needed repairs (...
Greetings. I just put under contract my first 24 unit property. I started with a four unit last November. I have started a checklist of items for due diligence (e.g. inspections, rent roll, etc). What do you all have ...
There was a thread on the board by @Nancy Neville on the general topic of 1099misc. Apparently it got zapped somehow by the moderators as I can't now find it anymore. I do have a side-question related to that topic ...
I will preface my question by saying that I am brand new to real estate investing and I lack just about all knowledge on the subject so forgive me if this is a stupid question. I have it in my mind that I would like ...
I have tenants who have been living in one of my rentals for 3 years. Over the years, there have been multiple addendums, extensions and roommates moving in and out. Each one of these changes has been handled with an ...
Good morning BP community, I am trying to complete a deal with a senior care business looking to expand their operations. The business has several properties in the state and the owners want to add 3 locations per yea...
I have several clients that are currently earning good returns with STRs & MTRs, on the flip side. I have witnessed where NEWBIEs are having moderate cash-on-cash returns in TAMPA BAY area. Currently, the competi...
Two triplexes. 2/1 with storage and w/d hook ups. New roofs, new AC's, new windows, New tile flooring in all units. Property is in great shape. Current rents are mixed totaling 3500. With in a year i can take rents to...
Hello Everyone - I am moving forward on the Inspection of a property I am interested in. Would someone with experience be willing to advise me on how the numbers are looking on my evaluation spreadsheet?
I've created...
My plan is to never sell and keep forever for rental income. My goal is to buy, pay off, then duplicate over and over. The home is 4 bed/2 bath/2 car 2006 year built 2,000 sf block. Purchase price $115,000 and I estim...