Dennis Dailey
What are the Buy and Hold price points in Durham?
What are the most common numbers used when evaluating your rentals? Per door, percent rule, cash on cash return? I'm looking to get a minimum of $250 per door and investing in only multi units. Is that realistic in th...
Josh Edelman
March Quick Data Points and News: Las Vegas
Real Estate Update
Some data points for March 2023 Median Sales Price: $430,000
New Listings: 2,298 (down 29% compared to March last year)
Days on Market Until Sale: 29
Months Supply...
David Hodge
Should I Give in to Section 8?
I recently closed on a property in Hueytown (a suburb outside of Birmingham). The management company has been looking for a tenant for 2 months now but has not been able to fill it. I told them we did not want sec 8....
Andrew Briggs
To Pex or Not To Pex
Hi, I wanted to get some feedback on a maintenance topic. Last year I had pex plumbing installed under one of my rent houses. The G.C. who installed it was not a certified plumber. Fast forward 6 months I had a plu...
Alan Caceres
Making offers on deals is hard! How do you do it successfully!?
Hey all,As a newbie real estate investor, I have found that closing deals are pretty difficult.I'm sure as I gain more experience, I'll look back on this post and laugh at myself for thinking this. So hopefully this i...
Ben Leybovich
Equities are hot Potato - Is RE next?
In Q1 of 2015, $55 billion of outflows from equities according to this article. People are running for the hills - I believe it! A lot of this money is finding its' way into RE. Multifamily is overheated as all get-u...
Mary Ann
Is a condo or a townhome a good investment in Orlando now?
Is one better than the other when it comes to renting out? I am not thinking of a SFH until prices drop. However, for now the strategy is to get a condo (or townhouse!) and then buy SFH in a year or two. I just want ...
Matthew Guidry
Need Advice on Tenant Application
I have been looking at sample tenant applications trying to create one I like. A lot of them are very basic and I feel lacking in important information I need to properly screen applicants. I took pieces from several ...
Thomasina Pearce
Newbie in New York City & North Carolina
Hi BP family! I am still in the information stage of my REI journey but looking to purchase my first rental income property in the next 8 months! I currently live in NYC and I am from North Carolina (all of my family...
Ronald Burgess
Verbally agreed on first deal
I've been researching and wanting to start investing for years now but always had an excuse (nerves) not to. I recently agreed verbally on a deal ( pending finding a bank to mortgage such a small loan) with a guy who ...