We have a contract on rental #6. Cash out of pocket $15,000, Purchase price $89,000, rehab $23,000, ARV $135,000, capital gain $12,000, 80% return on capital gains, monthly cash flow $463, 37% cash on cash return, tot...
As an investor, are you looking for anything unique in an inspector that an owner occupant wouldn't be concerned with?
I have my first rental property and taking applications. What are some good requirements as far as credit score, And are previous evictions an automatic disqualifier, or do you have a statue of limitations on that, 5 ...
If all goes as expected I'll soon be acquiring a lease on a duplex that is week to week. I was wondering if I could draw up a new lease that is yearly! There is a clause in the lease that says the agreement is ren...
So I saw a duplex on the market and put it under contract for 312k, I thought it was a good investment.Fast forward, now the appraisal came out and was priced at $280k, after I did more research I realized that I was ...
PA Landlords,
Someone just told me that it's illegal to ask for first month's rent, last month's rent, and one month's security deposit in PA?
I understand that...
"Pennsylvania law limits the amount of security de...
Hey BP community. I have an upper and lower duplex where the tenants have not gotten along since day 1. More petty arguing back and forth in my opinion. The upstairs tenant asked a couple months back if his friend cou...
What are your thoughts about pet rabbits? What experiences have you had with them? Have they destroyed your rental? Have you had a good experience with them? Do you own rabbits? Do you require an extra security depos...
I am in buying a 2 unit multi-family in North West New Jersey. I plan to live in one unit and rent out the otherIn 2004 the sellers had the underground tank removed and installed separate above ground oil tanks for ea...
Hello,
First post, so I hope I'm doing this right. We are moving to Austin in the next month or so and have been looking at houses. I'm not sure where we want to end up long term, so we're considering purchasing a sma...