Background: I have located a quadplex in a low-income neighborhood with NO tenants. The seller is trying to get rid of the property because he is having trouble remodeling all the units in the quadplex. He reported...
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
Chances are you already understand that real estate investing offers tremendous opportunities for building your wealth and income.in the vast majority of cases, the value of real estate investments tend to grow over t...
Hello, all. I tried to look through the forums for a related topic to this, but couldn't find one. With all the news of mass shootings, more and more people are buying weapons for their own protection. This isn't to s...
Hi All, Close to pulling the trigger. Clean Duplex listed for $250K. Unit A) 3 Bed/2Bath Unit B) 2 Bed/1 Bath. Both units are rented for $1000/mth. Planning on using a 401k load to fund my downpayment. The 401k load ...
I have been planning to have an open showing at a rental next week prior to accepting any applications, however, in light of all that is happening I am having second thoughts. Not only should I not have too many peopl...
I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
Posting on behalf of a friend -" I purchased a rehabbed property, six months back. I just discovered that the rehabber has not closed the permit before selling the property to me. The permit has expired but not closed...
I am currently in the process of prospective market diligence and have developed a list of the items we want to measure / compare across markets (crime rates, pop growth, job market, vacancy/occupancy, etc.) but would...
One of my rental properties in CA has a swimming pool and hot tub. New tenant moved in early this month but we didn't check the Jacuzzi at the walk through because one of tenants was in a hurry. It was working last ti...