I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...
I still think we'll see the economy bounce back sooner rather than later, and I don't think there will be too much impact on housing prices overall, but I do think vacation towns could get really hurt.
In NJ for ex...
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
I'd like to get a sense of the value of having a high visibility office location for a residential RE Agency. I'm looking at a location with good visibility along a street with 30,000 vehicles per day. Half a block ...
Generally speaking I'm a realist that leans more on the positive of most situations. However for the last month I have been getting my butt kicked( tenant complaints, costly repairs, and next month will be my highest ...
Hello BP community! I am days away from closing on my second rental property and have a question about bringing the most equity to my new fixer upper while being budget friendly. I know kitchen & baths for sure,...
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...