OK, I am convinced that porcelain is better than the cheaper red clay tile for rentals, but what about for your own residence, assuming you're going to be more careful with the floors than renters would be? Does it ma...

Hi.

I was looking around the Arizona Phoenix area for a high cap rate multifamily. And I found that those in the region of 10% are all in the low income area.

Is that a norm or I should be looking harder?
I am co...

In the context of real estate, the terms A, B, and C class properties are often used to classify the quality and desirability of commercial or residential properties. Here's a general overview of each class and their ...

Hello,

Just bought a condo that needs to be updated. I currently live in it but don't plan on staying longer than a year. Afterwards, I plan on renting it out. This is my first property that I will remodel and kno...

I'am a newbie and I'am getting ready to begin my very first direct mail campaign!. My question is how many pieces should I send out for my efforts to be effective? and how much does it typically cost to send out that ...

Hello BP Community!What are your thoughts on buying something in high crime areas?There are some places around Newsburgh NY (one of the most dangerous cities) that can be have for very little. I don't want to leave th...

Hi BP members,

My portfolio is mainly in Chicago and I have been considering investing in Indianapolis as the prices in Chicago have been going up quite a bit. I spent my college years in Indianapolis and I think ...

Found a deal in Springfield IL in a good area. Triplex with rents for 700 each, property taxes of 3,500 per year. I would like to live in one unit and rent out the bedroom. What would you offer for this place? Off mar...

My GC just notified me that the Baltimore City electrical inspector wants him to install (a) hard wire smoke detectors, (b) GFIs, and (c) replace electrical wiring in the entire two-unit building. The building is old,...

We are in the process of getting quotes from roofing companies for a foreclosure we are buying. Two companies, Stancell Construction (guy showed up in a Porsche) and Litespeed Construction, both gave us quotes over $6...