Hi Guys,
Quick background: started with a duplex, added a fiveplex to the mix. Sold the duplex because it was too much maintenance. Now we're looking at a great little triplex but I'm hesitant because it sort of seem...
In real estate investing, the 1% rule compares the price of an investment property to the gross revenue it will earn. The 1% rule states that a potential investment's monthly rent must be equal to or less than 1% of t...
Hi, BP community,
I'm looking for some guidance on how to handle my current investment property. Here's the situation:
I own a tenant-occupied property, which is paid off and cleared. The tenant has lived there for ...
I have been doing a lot of research on where to buy my first multi- family unit and I found Baltimore interesting. I wanted to know what experience you have had investing there? My goal is cash flow and decent appre...
I have multiple properties in the Los Angeles area that are being sold, and we are looking for new markets to 1031 exchange into. In the past our model was largely built around property appreciation. However, with thi...
I recently went under contract on a 4 flex for just under 300k. The property rents for a total of $3550 for a total cash flow of around $1600. The issue is the appraisal. Due to a lack of 4 plex sales in the area t...
Hello,We found a property in Douglasville, GA (30135 zip) for 260k which gives ~$300 positive cash flow. Is Douglasville a good place to buy a rental property?Thanks in advance!
Hello everyone, I'm just starting out and would like your advice on this investment. Basically, it's going to be owner finance over a period of 18 years. The property has 2 houses on it and the asking price is roughly...
I have come across a great property. The HUD price is 22000 the rehab will be in the estimated on the high end of 20000. This property is set up as a duplex, but it does not have seperate entrances (not a problem). My...
Every book I read about rental properties talks about the importance of a good school district. How important is it really?Is a bad school district an immediate no-go for you or is it just one of many factors that you...