Think of it this way:If stabilized operations presume 5% physical vacancy, then if you could squeeze 2x the income from 5% of the units in the community, you could effectively "erase" the entire 5% vacancy.This is the...

I posted a question about comps about a week ago and the question was primarily to see if the real estate agent I have chosen to help me is the right one or not. When I asked him for comps, he only gave me a couple...

Hello,I have been reading and following many posts. This has given me the courage to pull the trigger. We have decided to rent our townhome in the Shops at Legacy. I have some varied questions.--- Regarding Bigger Poc...

Redfin just alerted me that a 1300 sq ft home listed at 185k closed having sold for $198k...not in Austin proper but in suburban Brushy Creek just off 45, fairly close to the new Apple campus.  The house is now listed...

Hi -

We moved into a new house and are renting out my 1600 sq ft condo in Annapolis. It has to decent sized MBRs. I put in all new appliances, painted it completely, and added faux wood blinds. I also did faux gr...

During a recent inspection (multi year tenant in C+ area), my tenant said they bought a new bigger fridge on sale and would like to move the provided fridge out and move their fridge in.  The fridge provided is a nice...

Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...

I recently finished work on my 4-unit building remodel in Silver Lake, an area that has become fairly desirable in Los Angeles.I seek out under-performing buildings with deferred maintenance and under market tenants. ...

I flipped a 3/1 slab 1104 sq ft in St. Louis, MO and priced it at $125,000.  Put in 42'' shaker espresso cabinets, granite countertops, stainless steel appliances, new tile, painted the garage floor, painted the exter...

Hello,

We are currently in the option period for a house, and there are some minor repairs that need to be done. We also sent an amendment to the Listing Agent, along with a copy of the inspection.

Tod...