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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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...
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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...