I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
Looking at several out-of-state regions to find the right mix of cash flow, CoC, stability and growth potential. Aren't we all?Given my situation however, I'm finding it near impossible to find any deals structured i...
I'm leaving in rented apartment in Fairfax County, Virginia. My apartment manager gave me notice to evacuate apartment. I visited rental office to discuss the extension of lease term but she upfront rejected extension...
Any successful Real Estate Investor out there willing to share at least one of your strategies designing a deal / offer?
Hi, All! We have recently acquired two properties that are one block in from a fairly busy street, and we’ve had multiple issues with squatters - different people every time. The police have been great about clearing ...
Hello all BP Pros,Want to get your opinions on this. Thanks in advance! I am trying to do cash out of my rental property. It's a single family home at south FL, purchased with all cash, free and clear, rented out. I w...
One of my best friends posed a question to me that I couldn't quite answer. He's a renter and he asked me the following:Are there any creative ways to lower rent? I'm a landlord myself and offered my own experience ...
There is an abandoned 5 unit property that needs a complete gut and renovation. It is about 2500 sq feet. How much do you think something like that would cost, and more importantly, where could I find financing...
In order to be a good landlord you must be really good with people. You must be able to present a good personality when meeting with perspective tenants. A landlord must be kind but also tough when needed. A good land...