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30 November 2018 | 5 replies
Look on Craigslist, Zillow, and Facebook and start to get an understanding for what a 2 BR-1 BA will rent for in this location and that condition, vs. a 1 BR-1BA in that location and this condition.
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5 November 2018 | 4 replies
This means well located rentals can do well all year round instead of just the busy summer season.
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31 October 2018 | 22 replies
There should only be 2 reasons why your properties aren't getting rented; either the properties are not being advertised, or the rent is too high for the location/condition of the properties.
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29 October 2018 | 8 replies
I’m finding it difficult to locate networking events, clubs, or other “in person” resources for notes/liens/etc investors.
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18 October 2018 | 3 replies
-Duplex listed for $345K (two 3/1’s with yard .38 acre)-Now under contract for $325K (seller attempting to make $25K in deferred maintenance repairs)- My wife is broker- Currently rented for $2650 (7.1% CRate)- C+ to B- property in B to B+ location- We will manage- not much of a value add in near future, likey 6-8 years before any meaningful improvements- approx 170 MF units built 3 years ago and another 170 units starting now in very close prox. (1 Br is $1250).
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18 October 2018 | 2 replies
@Roger, your situation sounds unique and could present some issues if there is a loss at the location.
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18 October 2018 | 21 replies
Where is this house located ?
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22 October 2018 | 20 replies
I see way too many people thinking there's an outsized demand for luxury rentals when in my experience, it's a niche market and eats the unprepared alive just as much as the opposite niche, DIY landlording with low-cost rentals in borderline urban locations, which is what I do.
16 October 2018 | 11 replies
@Amandeep Sawhney Is this a starter thread by BP since there's no location of where this occurred?
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18 October 2018 | 5 replies
You're also in Moore, OK which, in spite of being a major tornado alley is also a pretty popular location... if the house hasn't sold for a year, there's something else going on.