I received a phone call from a tenant who is moving out at the end of the month saying the recent plumber I sent out to the property has stolen his tools. I highly doubt the plumber is guilty of this acquisition, how...
It's still a surreal feeling when you do your due diligence, research and run numbers correctly and get a check back for the exact amount you put in.We found this one from a Wholesaler in the area and we jumped on it....
Have you ever made an offer at 50% below asking or more?There are several properties that have been on the market for 6 months or more in my target market which are vacant. Some of these sellers are probably getting ...
Quick background & a few things to keep in mind:My wife and I are in our late 20s. We have been working towards reducing a lot of our debt in order to buy a duplex (and you know the rest). We also have a 7 month o...
Hey BP community! Cant express how impressed I am by the BP community! So I posted before about being a newbie real estate investor, Im very excited and cant stop thinking about my options. As of now, I am renting wit...
Not sure if this is the appropriate forum as I'm still getting the lay of the land, but I'd love to hear some feedback from people who consider themselves to be more introverted. From an outsider, it seems the real e...
I hear a lot of "it used to be nicer, but now i'm scared to get out of my car in Euclid". Are you comfortable with the tenant base? Are evictions common and if so how lengthy?
So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...
Hi all, I've recently discovered that the benefits of solar energy on a rental property are growing and increasing over time, saving most homeowners anywhere from $20,000-$50,000 and up! I actually quoted a cash buyer...
What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?