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Can anyone share with me the ups and downs of student housing? Besides the obvious of being able to charge higher rates due to *must have* housing for students, and the higher costs of repairs due to, well, college. A...
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The following is an account of my recent “Newbie” experience with Auction.com. After reading the info posted on the forum about Auction.com, there seems to be some mystery in some minds, including mine, surrounding th...
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Here’s the deal: $1.1M multi family - 4 units. Each unit is 2 bed 1 bath. Somerville MA
Assumptions: we can rent each apartment for $220/night at 60% occupancy per month (about 23 days).AFTER mortgage, taxes, insur...
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I'm looking for a more efficient method of searching for motivated sellers of distressed properties. Driving for dollars works but it seems there are better ways to find them.
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Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...
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Hey guys,I have a unique opportunity to purchase a 20 unit for $350k all brick buildings from a bankruptcy. I have the rent roll attached but I am VERY concerned about the "Current Balance" from the property manageme...
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Debating on which tenants you would choose. Leave your feedback! We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (m...
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In my rentals I frame a generic welcome letter and place it somewhere visible for the guest when they enter my house. This "system" needs an overhaul as it's a little bit of a pain and sometimes due to cancellations ...
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Hello,What would you do in this situation?I listed a property for rent found a tenant with excellent credit and income, signed a lease and got 1st month rent with security deposit yesterday.They were due to move in Au...
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Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...