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Okay, so i have heard REI is very territorial, and you have to know YOUR market.
My issue is I can't figure out why investors pay so much more in other areas other than in my area of Atlanta....
For example, I have he...
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(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
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Hello,
We are new to investor lending posted below is the offer we have. I not sure what it means by what they are holding and the reserves part. Could anyone shed some light on this? And if its a ok deal or ...
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So I've been doing lots of reading, watching lots of webinars, listening to blogs and I found a property I was really interested in purchasing. It is a 4-unit property that I could either purchase and rent (all four ...
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Hello -- I'm considering making an offer on a duplex with both units currently rented. I'd prefer not to inherit the tenants as I want to make some improvements, raise the rent, and put my own tenants in. What is the ...
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Hi does anyone have experiences with Mynd property management company? I'm currently vetting them. Do you have first hand experiences with them?Do they constantly take out of your rent for minor repairs that you can d...
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Hi all
For the past few month, as some of you may know, I've been working side-by-side with an active flipper in my area. It's been a tremendously helpful experience but quite the drain on the wallet. It was ...
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My tenants just moved out. When the new tenants were moving in, they sent me a video of cockroaches in the kitchen sink and other areas.My new tenants didn't feel comfortable living there so they are staying somewhere...
Happy Friday, everyone!I'm dying to get started in real estate investing. I'm trying to analyze multiple deals every week to get better with numbers. I would also like to increase my presence here on BP to learn, and ...
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What are your experiences renting to people who are retired? I have a potential tenant interested in renting a townhouse from me ($1800/month) and will be living alone. Curious on the best way to verify income, she me...