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i was thinking about getting a rental property in bad part of my town to start my portfolio.The reason i was thinking about starting in this area is because i would have a good chance at getting it owner financed.i kn...
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We found a 4 plex that has a cap rate of 7.5%, cash flows 590/m and provides a COC ROI of 26%. The only issue is it's in an area with higher crime than the rest of the city. Accounting for vacancies and everything, th...
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Hey BP! What's your why story? What story thats happened in your life pulled you into REI? Share down below please!
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This is my first post on BP! I'm a fairly new property owner and have found myself in an interesting position. My business partner and I have a total of 6 units and I received a call tonight from one of my tenants who...
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I've been a landlord for about 7 years, but I have what might become my first eviction case. Unsurprisingly, the middle of a pandemic is not an ideal time to deal with this. I have a triplex and two units have been co...
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Good evening BP,Im looking at a potential purchase of a rental property in up-state NY and it seems like a good deal however the 2-family house is 100% occupied month to month. So the question is, is it a good idea t...
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Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
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Hi, I've got bad credit, no assests, but I know construction. I see homes here around the Cincinnati, Oh area, which are selling for under 10k, (I've been watching one up for auction, starting at $2,500 with a reserve...
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I've spent the last couple weeks looking at deals out of state (Arizona) with the intent of purchasing my first rental property. I've been with my current employer now for about 1.5 years and was with my previous empl...
Hi BP and Happy Sunday!In the process of screening tenants for my first ever rental property. I've read the BP book on manging rental properties, and other articles and such about the Fair Housing Act, and am wonderin...