
16 January 2025 | 2 replies
If you approached them in a way that you had a solution to the eyesore in their neighborhood they would be very receptive to talk and perhaps share contact details about the home owners son if they have them.

22 January 2025 | 14 replies
@Jordan Laney the devil is always in the details when you are hiring a PM company.

12 January 2025 | 28 replies
I invoiced an extra 25 dollars for part of the cleaning that I needed done extra and it was disregarded.

13 January 2025 | 6 replies
Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.

9 January 2025 | 13 replies
Politely and clearly, make it extra clear that all information will be verified including income prior to the signing of any lease.

24 January 2025 | 17 replies
Bryson, welcome to the BP Forum and thank you for all of the details!

13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

13 January 2025 | 11 replies
If possible, meet the appraiser to provide your rehab details and comps.Also, out of curiosity, when did you purchase the property and when are you looking to refinance?

14 January 2025 | 2 replies
Sit down and hash out every detail and put it in writing.

3 February 2025 | 27 replies
@Desiree Board What about a duplex like this: https://www.realtor.com/realestateandhomes-detail/1650-Cohas...?