Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
I am 30 years old and doing decently well. I have a W2 income of about $140,000 and own 11 rental units as a side gig with a business partner. We own a single family, three duplexes, and a 4-plex. My partner makes rou...
Hey Everyone!I just found a possible lead on three properties I believe I may be able to aquire and get rented extremely cheap. They are all three within 1 block of the projects and one of them is actually the last ho...
Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, ve...
Hi BP Community,
I’m looking to refine my real estate investment strategy and want to make sure I’m on the right track.
Here are a few areas I’m focusing on:
Property Selection: How do you choose the right type of ...
Hello,
We have a rental going for ~4100 a month. A perspective tenant is applying and checks off our criteria but they provided us with bank statements and they only have ~$1200 in the bank. Their income is verified...
Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
What do you guys think about Chloe Eudaly creative idea of this?Commissioner Chloe Eudaly's office has circulated a final draft copy of a renter screening proposal that would take away an apartment owners' right to pr...
Who on here has extensive experience and knowledge managing a bigger Multifamily property?I am managing an 80 unit complex in Utah that is a section 42 Low-Income Property. The owners enforced a blanket increase to th...