Jeremy Marek
Overcoming FEAR! Analysing my first deal (Off Market)
Hi Guys,I have been looking around at various deals for months now and I think I found an off market deal that might be a good investment. I am having a difficult time overcoming the fear of overpaying or loosing my s...
Jared Lundy
Need advice on whether to purchase a 5 plex
I am looking at buying a 5 plex in a very small town. It is about 15 min in between two other towns that have a population of 4000 and 8000. They are asking 100000 for it and it gross rents equal about 2250 a month. T...
Abi O.
Raise Security Deposit at Renewal?
Hello All I would appreciate getting your brilliant thoughts on a topic I am making a decision on.Situation: I inherited a tenant who had been in my building for 5 years when I purchased my 3 fam building 2 months ago...
Maureen F.
Maximizing Section 8 Rent -- Boston (Dorchester/Roxbury)
My son has a 3-unit house under agreement with a S. 8 tenant in a 3BR unit. (He will owner-occupy one of the units.) It's in the Dorchester/Roxbury area, I guess we could call it a C+/B- area. The current owner jus...
Clara Brashear
How can I increase the asking price of a rental property?
I want to buy a property to rent out. I am curious in what ways can I fix/upgrade a home to increase the asking rent price? What about upgrades that will increase the homes resale value? (Adding a room, different upgr...
Juan David Maldonado
What increases value of property
I want to increase the value of a property by 60k (currently at 65k) so I can use it for a HELOC. What areas of the house after remolding will bring more value after the appraiser does their inspection?
Matt Bowers
What should I do with inherited tenants that had verbal leases with prior owner?
(We're in Seattle.)This is my first post on BP!I'm closing on a triplex on July 31st that currently has tenants. The tenants are all month-to-month but two units only have verbal leases. Repeat: NO written lease. We w...
Weston Hunter
Newark, OH - Rentals
Hello,I've been listening to podcast/reading all about rental properties and I think the time has come to give it a go. I live East of Columbus, OH and have been looking for single family or small duplexes in the area...
Ian Gilligan
Initial bad cash flow - to buy or not to buy?
Hi all,
I have a verbal accepted offer on a house for $48k, with a long term tenant since 2008 paying $625 in rent (subsidized by County). The cash flow is bad at $75 on a 30 yr. But, it's a big 3/2 in a decent area...
Dan Gandee
7 Things To Consider When It's Time To SCALE!
When scaling a real estate investment business, there are several significant challenges that we had to overcome while getting to the 7 figure mark in holdings and roughly $10K net cash flow. Let me preface this to ev...