Hi, I am ready to renew the lease with a good tenant, He accepted the price increase proposed for the new lease starting in october (very reasonable) but has asked about an extended lease. I don't have a reason to be ...

If you have 50k to buy rental property with, where and what would you purchase?

Ok - Looks like the NY Post called the election for Obama . . . seems like the rest of the nets are tiptoing around it. So, I'll stand behind the Post and call it for Obama.
[UPDATE - It is official - McCain is in ...

Last week I put under contract a real fixer upper. 140 year old all cypress framed ~1250 sq ft. 3/1.

I have it under contract for $16,500. Comparables in the area are selling in the $80-90,000 range, average listin...

My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...

Yesterday, I just closed on our second multifamily deal.  I can honestly say that almost every part of this deal was influenced in some way by what I have learned on this forum, in the webinars and, especially, on the...

Your advice appreciated with this dilemma:

I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...

Been reading some interesting post on BRRR experiences so figured I'd share mine as well - NIGHTMARE!!!!-----------------------------------------------------------------------------------------------------------------...

Hello BP members!I am new to REI and joined BP several months ago. We live and Turlock, CA and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowin...