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Hi BP Community, I am buying my first duplex and am working through the numbers. Here is some information on the duplex:Basic Info: 1941, 3B 1.5Bath, 2 BD 1 BathPurchase Price: 151KDP: 44K Rents: 22K AnnualMortgage/Ta...
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For those experienced investors with SFH rentals, do you topically cover garbage, water and sewer? I know that investors typically cover those expenses on multi-families, however not sure about SFH. I have yet seen a ...
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Got off the with owner of the property ( which happens to be out of town owner) place is a mess code violations grass pass my waste and roof got holes/ sunk in ( major water damage.I believe this house would have to b...
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I finally got an offer accepted on a home in FL on Dec. 8 and am closing on Dec. 23. I just wanted to thank everyone on the REO board that has given me advice and direction on the site. You guys kept me motivated! ...
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My renter who has been living in my AZ property for over 7 years would like to purchase my SFH rental. Since i have quite a bit of equity on the home, i plan to do a 1031 exchange and buy something else. Both sides do...
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Finished reading J Scott's book "The Book on Flipping Houses" and am curious about the parameters he set for finding your farm area. I've looked around a bit and talked to close to 20 agents and I've found that most c...
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Curious to know - What are your expectations of a “good” property manager?If you self manage, what have you implemented recently to streamline your operations to make it more passive?Thanks!
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I liked a duplex around 30 years old with 2 and 3 bedrooms with one side renting for $1100 and other one for $1200 per month. I was about to make an offer on the property but the agent informed me that there is an big...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bridgeport.
Purchase price: $330,000
Cash invested: $1
Bought at peak of market before crash (2007). Deal = 100% financi...
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Hello Team BP,
I'm new to the site but have been listening to the podcast for awhile. I've got an offer on two sfh in Greenville, NC walking distance of East Carolina University. The homes are currently being rented ...