My colleague suggested the following as a loose rule of thumb for ROI expectations on general upgrades:Ex:For $100 rent increase:$100x12 mos= $1200$1200/20% (ROI)=$6000Conclusion: $6000/door = $100 rent bumpDo you agr...

One of the higher end areas in Prince George's County, MD. Usually stick to ARVs of 300k or less. This one listed for $407k now. Hopeful to get something close to that.

Numbers:

Buy: 232,000

Re...

Hey guys!So I've got quite the predicament.... My tenant just moved in about a month and a half ago and has been pretty good so far. However, recently she has been complaining about a sewage smell in the house. Right ...

A couple looked at a house I have for sale. They liked what I did and said that they have a house picked out that they cannot finance with their VA loan because of the house's current condition. I didn't think mu...

Hi All,have a 4 plex in a Columbus Ohio, all two bed one bath.  The current tenant in one of the units has bought new appliances and wants me to remove them.  I use a property manager and they gave me the message that...

Hey BP Community,I'm an investor working in Michigan and I've been communicating with the owner of this beautiful old church in a happening town in metro-Detroit, and the members are interested in discussing a sale, a...

4/Br 2 Ba Asking 130,000 (hoping to close 115-120)Rent in area varies but updated 1400 should be reasonableNeeds updating mostly floor, paint, maybe counters estimated 15000Potential 5th bedroom 3rd bath kitchenette i...

Hello everyone! Well, I recently made the plunge into the world of REI with big thanks to Bigger Pockets, and my local investors group. I am extremely excited, and nervous about my new life as a landlord. I have alrea...

Hi BP,So went and did our first Multi Family walkthrough after reading ALL the BP books as well as david greene's long distance RE investing book and reading that about 3 times over! Learned a lot in the process. Firs...

I recently purchased a single family home as my primary residence with the intention of making some relatively minor updates/improvements, pulling out the forced equity to go towards another property, and then turning...