I have three young tenant applicants (room-mates) who each have only one previous formal tenancy. They have otherwise lived with family. I prefer to check with two previous landlords, so I intend to call these family...
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Where do you draw the line on excessive/obsessive due diligence?My family owns an apartment building that has a great rent roll history and has been a great property for years. Another investor approached us and was ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $835,000
Cash invested: $195,000
First off we named it Spring Park Gardens. We bought a 4-famil, 5-family, an...
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Hello Everybody,Let me start with I know I need to seek professional advice and I know any comments made here are just the opinion of others, but in this community I value the input of others greatly. So myself and my...
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I have see some CRAZY price histories in Zillow. I know you can't trust Zillow, but I suspect this is some sort of red flag? How can a house drop from $178k in 2011 to $69k in 2016, then in 2020 jump to $500? Is this ...
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We have $1.3M we have to spend, roughly $380K of that in a mortgage. We were thinking of BRRR-ing a combo of 3 or 4 SF and duplex properties in 2 different markets. Of course, we would love to be "cash buyers" for a q...
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Hi Folks...I need some BP advice:I am managing a rental property for a family member. I found a person who wants to rent the place (and thanks to BP forums, I used MySmartMove as many people recommended)....they have ...
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My fiance and I are looking to purchase 3-5 rental properties. We are looking in the Tulsa and OKC market and will be doing the property management ourselves. What systems and apps are a must for a newbie investor? Wh...
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Hi all,This is my first post here and I am looking to secure my first deal on a non-owner occupied fourplex. It is considered a residential property because it is less than five units but most lenders I have found wil...
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Hello BP. I’m running numbers on a potential buy and hold and when looking at the property tax history, it says $2800 in 2019 but an assessment of $7800. Should I expect to pay that $7800 if I purchase this property? ...