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30 June 2019 | 26 replies
Hi AllWould like to share this with fellow BP members.This is a property I just purchased, this will be a buy and hold and look at perhaps flipping next year in spring time.https://www.realtor.com/realestateandhomes-detail/...This was purchased for $61,000, with a rental estimate of between $1000-1100.End values for a nice rehabbed home in this location will fetch around $150,000Location is Bagley in Detroit, it is an up and coming neighbourhood with high demand, I expect prices to continue to rise.
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16 October 2018 | 11 replies
Dallas has a powerhouse economy beating national job growth by around 100bps, population growth is around 3 times the national average, it is a business friendly environment that attracts real talent, and it is a pretty affordable market relative to other similar locations in the nation.
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18 October 2018 | 3 replies
I actually don’t live in Colorado Springs, so location is somewhat loose.
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9 November 2018 | 9 replies
Would love to get the date and location information for this meetup.
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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.