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Hi BPers,I'm looking into this DC choice housing voucher program. Has anyone tried this? Rents seem really high that they provide.With any subsidized housing I worry about:1. the quality of the tenant2. the subsidy no...
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There are often discussions here regarding the "50% rule" for investors. I believe it is a good, conservative rule of thumb. As others have mentioned, though, there are variables in expenses in different parts of th...
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Hi everyone,I've been absorbing everything on BP recently and have a question regarding starting out in multi family that I wasn't able to find in my searches.I have access to a reasonable amount of capital for invest...
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Hello,I purchased my first rental 3 unit home in which the tenants is paying 700 per month with the help of section 8 housing. The previous landlords kept rent the same for the past 15 years or so. The tenants renewal...
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We all know that many want to buy off market deals.. and some of the more aggressive folks have started to chase down public records then in combination or without direct mail they will start telemarketing for off mar...
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Hello BP, I am currently trying to run the numbers on a $269k Duplex located in Morgantown, WV. This property is new construction and has not been completed yet. However, there are two identical duplexes that have bee...
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I need some advice.I have a luxury unit I inherited about 14 years ago in Southern California.We have a family realtor who’s been doing work with us for years. She has skin in the game with this property as she helped...
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I live in Columbus, Ohio and I am thinking of buying a house that I would live in for a couple years then rent out when I move out west. I have close family in Columbus so I will be traveling back to Columbus a few ti...
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Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
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Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...