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Hey BP’ers…I am really discouraged and looking for some advice.Context: My strategy is small MTR’s in Tulsa, Columbus, and Asheville. I own a primary in Vegas. I’ve identified two condos at $40k each I want to buy. B...
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This is my first rental property experience and I’m wondering if it’s a good idea to rent to somebody I know and trust to keep the property in good condition for less money but have the peace of mind and know that I w...
Hi BP Community,I am evaluating a duplex in the midwest as a long-term investment property. I will NOT be living in either unit but live in town and plan to self-manage the property. This would be my first investment ...
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In the intricate world of real estate investment, striking a delicate balance between profitability and tenant appeal is crucial for success. As a realtor with a unique blend of hands-on experience, including personal...
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We have a nice single family home in central Texas. This is our first investment property and we have come across a difficult situation. We have two applicants within 12 hours of each other:Applicant one: application ...
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Hi, newbie landlord here. I'm using Zillow's rental manager and so far it has been very helpful. I just got an application from someone who didn't meet the credit score requirement. It is my understanding, that for ev...
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I have a 1br condo in prime Dupont Circle neighborhood of Washington DC, - owned it for 27 years - could list it for $425k. Fully depreciated so $100k tax bill due at sale. It was long overdue for full renovation, ...
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Hi all, my name is Mike Healey. I live in St. Louis and am looking to get into real estate investing. A little background: I'm 35, have never owned a home and have moved around quite a bit for work - DC, UK, and now S...
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Hello BP,We are upgrading our personal home and trying to decide whether to sell our current home tax free thanks to homestead or turn it into a long-term rental. Does anyone have a concise formula for this? With no r...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $139,000
Cash invested: $25,000
Sale price: $290,000
Bought as a foreclosure without a real estate agent. House nee...