Hi, I'm currently negotiating a deal with a seller for two rental properties.I would like to put them both on one contract and make one dollar amount offer for both. I'd be paying cash.My thinking is this will make i...
Hi all, I'm a newer investor with only single-digit units and have recently seen a few on Zillow with a duplex and a detached single unit on one lot. Are there any pros/cons to this sort of set up that I should be awa...
I have found a duplex I would like to make an offer on. One of the units is occupied and so I haven't had a chance to inspect that side. If I submit an offer, they have to allow me access to inspect before closing cor...
Hello BP friends,I need your help! My family wants to sell the house pictured below, it is a 1700 sq ft colonial with 4 beds and 2 baths on a 1 acre lot. About 8-10 years ago it was appraised for 240k, as it's in a lo...
I understand how to calculate the cash on cash return for a rental property. My questions centers around if anything differs heading into year 2. How do y'all calculate it long term? Do you do year two the same as yea...
I have the opportunity to purchase THREE 2b/1bth homes that are on one lot in Fresno, CA for a purchase price of 215,000 which comes out to $104 per square foot. All three are currently rented out for a combined total...
Looking to pickup my second purchase for rentals. Came across a really good value of a property for under $200k. When I passed it by our loan broker, he indicated that the underwriters have an issue with the propert...
I have a property with a house up front and a studio duplex in back. I was just informed that all the mail goes to the front house. The house is in the city limits of Klamath Falls, Oregon. I just wanted to see if any...
Hello Everyone! My partners and I are just about to close on our first single-family rental property. We are using conventional financing, and we are taking the mortgage on only one person's name. We are doing this so...
Hello all,I just closed on my first property (single-family home) in Milwaukee, Wisconsin, and I will be managing the property myself. The tenant has lived there for five years and has been very reliable. The least ap...