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Results (10000)
David B. Rent it, flip it, or walk away?
23 August 2014 | 4 replies

Hi BP folks! I came across a property and I'm struggling to decide if it is good for a buy/hold or flip, or if it is only good for draining my wallet and schedule. $40k purchase price, $5k in repairs to bring it up to...

Jeremy Lee Lease/rental negotiation etiquette?
14 July 2020 | 9 replies

Hey all,
Curious to know, as prospective tenant, what the 'etiquette' is as far as lease and rental negotiation for those who seek to negotiate a lease. Do you typically apply to rent first, review the lease, and the...

Josh L. Just Below Fair Market Rent
4 November 2014 | 1 reply

If you know what the fair market rent is, how would you price your rental so that its just below fair market rent? Would you determine that as a percentage of the fair market price, or are you just subtracting $X doll...

David Morrow The 50% rule - explained (AGAIN!)
14 July 2013 | 4 replies

Twice today I've seen posts that demonstrate a gross misunderstanding of the 50% rule, so I thought it would behoove me to start yet another thread explaining this concept to my fellow knowledge-seekers.

The misconce...

Kelly M. What to do with $100K buying notes and\or securities
14 February 2018 | 13 replies

I have 100K to invest at the moment and I would like some feedback specifically from "note and real estate" investors and not just "real estate" investors. I was very keen to purchase rental buy and hold property but...

Sam DiNicola Minimum Income & Credit Score for Prospective Tenants
28 September 2023 | 11 replies

Does everyone require prospective tenants have 3x the rent in monthly income / rent is no more than 30% of their monthly income? What is minimum credit score you look for in a B- neighborhood? For people with lower th...

Michael Hayes Memphis Section 8
26 January 2024 | 18 replies

Question for anyone investing in Memphis and focusing on section 8.  I've managed a couple of section 8 rentals before, but I don't believe I was actually maximizing the rent.  I'm planning on doing some BRRRR's but w...

Mark D. Current Gainesville, Florida Rental Market
24 January 2021 | 7 replies

Hey everyone!Happy new year! I know there was a past post a few years ago on this topic, but I wanted to start an updated tread to get more information on the current market in Gainesville, FL. I understand a lot of p...

Maria Apostolova-Mihaylova Changing tenant screening criteria mid-marketing
28 October 2024 | 5 replies

Hi everyone, One of my units has been vacant for 6 weeks now and I want to try to lower the credit score requirement to see if I get more traction.  This is a C class, my minimum requirement is 600. It is not posted b...

John Kirk Seller Finance..... (How to persuade seller?)
14 July 2018 | 9 replies

Hello all,

I am in process of making an offer on a SFH in Northern New Jersey but am struggling finalizing the offer.

I want to offer 90% of appraised value with the seller holding a 30 year 6% note for me.

What ar...