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I live in a small town in Maryland that has a big shortage in apartments. I want to start out buy building a fourplex using 100% cash. I want to build 2br apartments which I expect to bring in $1,000/month. If ever...
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Hello Everyone,
Here is an article I put together a while back detailing a very basic understanding of the sales comparasion appraisal method (in other words, how to read and understand sales comps.) Enjoy.
[si...
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I'm posting in the buying and selling section because my rental is on the market to sell. Inspector came back and said that my house needs some attention underneath and that it needs to be done before selling. I had...
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Hi,I am a newbee real estate investor in the DFW Area. I have a very small budget (50K) and would like to get started with rental properties. At this point, it would be great if a mentor can guide me and keep me from...
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Hello Everyone,
First of all, please notify me if this is not the correct forum for this topic - I only seek your advice. My business partner and I are pursuing our first wholesale deal in East Linden Ohio (Columbus...
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Good morning BP - I have searched for a comprehensive answer to this without success. I have see some really informative answers and comments by Matthew Teifke back in 2017 and Joel Owens over the years.
A few post ...
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Hello, I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and make...
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Hi all,Currently looking to buy a single family home for short term rental. Given the declining housing market, how have people been adjusting their bid offer? Are people trying to bid lower than the asking price? Obv...
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Hi, we own a condo in an upper middle class suburb of NYC and we are trying to decide if we should sell it or rent it out. We're around 40 y/o with 2 young kids and have lived here for the past 5 years. The building a...
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Greetings BP,Curious how others compensate their onsite managers. Free rent? Rent Credit? Salary? Hourly pay? One of my buildings is only 24 units so it is not quite a full time job yet there are still weekly tasks...