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So I bought my dads property, it came with a tenant who has lived there since the day he bought it 30 years ago. He never raised rent, it’s at $400/month. The unit isn’t very nice, she’s a smoker and there’s nicotin...
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Morning everyone,I am looking to buy a home in May when my lease ends. I plan on buying a single family home with a minimum of 3 beds and 2 baths. I am currently renting a 2200 sq. ft. 3/2 house for $1500 a month. Aft...
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
Hi guys and girls,
So I have a pretty great deal. It's in a very desirable town and neighborhood. It's a 3 Br 2 ba and the lowest comp in the area is $335K and everything is averaging about 350ish. It needs new plu...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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I hired them last year to act as maintenance/property management for my Dubuque properties, after Cory reached out to me on BiggerPockets in response to a post I made. I thought things were fine until recently, I had...
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So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
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I have been following the Holton Wise properties for awhile and finally saw one that interested me a few days ago. I am very concerned this might be a scam after @James Wise refused to provide what I believe is basic ...