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11 January 2025 | 67 replies
You can potentially purchase multiple properties, which is a huge plus for spreading out risk.
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10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.
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8 January 2025 | 0 replies
The Main St property in Grainfield, KS, offered a promising opportunity due to its low purchase price and strong potential for a high return after renovations.
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13 January 2025 | 31 replies
Technically yes, but your odds of success are very slim and your potential will be very limited.
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16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
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11 January 2025 | 2 replies
Having grown up in Florida, I was paranoid about the wind and a potential fire and sure enough at 10AM one broke out in the vacant lot adjacent to our property.
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12 January 2025 | 10 replies
What drew me to Detroit initially was the potential for strong cash flow, but I’ve also seen appreciation in several of my properties as the city continues to improve.
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13 January 2025 | 30 replies
Maybe their guess at what the market value is is actually what the market value could potentially be if someone (the next owner) does the hard work of getting the rents up to that value.
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10 January 2025 | 18 replies
Are you currently working on lining up funding or looking at potential properties yet?
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14 January 2025 | 329 replies
That's a potential of 5 - 6 months where the tenant doesn't have to pay me a single dime and will be squatting in my house for free.