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I know that for some of you this will be elementary, but many on BP are not in finance. If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would co...
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Making an offer this week on a 5-unit property (could be six units, currently set up as five, all occupied), consisting of two separate buildings in my town. Total square footage around 5,900.Each building has three s...
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After the thread by a certain member here talking about selling junk properties to owner occupants and how much of a favor he was doing them because landlords rent properties in even worse condition I thought I'd shar...
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Taking into consideration the bad condition of the property and low-end neighborhood, I feel that HUD houses are actually over-priced. And compared to banks, HUD is harder to negotiate on price. It seems they won't ac...
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Hey BP,I am turning to Wholesaling because of a temporary defeat I faced with buying a property this summer. I have realized that It is important for me to get a bit more knowledge and capital through real estate befo...
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I have a full time job as im sure most do, so time is valuable. Is there anything wrong with doing a group showing of interested potential tenants? I scheduled 3 showings for 15 minutes each last monday and only one s...
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Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.
On August 16 I received a seller's counter offer on a property. The written deadline for accept...
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There is a guy staying in one of my places. 1 or 2 times a month he randomly comes by my place to drink some beer/whiskey and have conversation. If I have some maintenance work to do at a rental, I'll tell him about...
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I know there are threads about utilities etc already but I am in an interesting situation and looking for some feedback.I moved out of state and the tenants in my house intend to buy it after leasing for one year.I am...
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Hello! This is my first post with BP and very new to this.
I have just started with my journey starting to acquire rental investment properties. I have purchased my first unit with an existing tenant and everything t...