We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...
With inflation from my understanding two things will happen. Either rates rise to the point where they lower inflation but we risk economic slow down, job losses, deferred debt etc. If the economy slows too much they ...
Guys I need some advice. I've got a nice 3/2 house 2 car in a Charlotte suburb just over the border in South Carolina that I've consistently rented out for the last 10 years. It gets $1300 easily right now. It cash...
I met a guy at club meeting. He said wants 4 family apts to rent out. He gave me what he wants with rent and profit.
I found a 2 family apt with the financial parameters he wants.
Do I ask the end buyer/inves...
Hi, BP. I am in Phoenix AZ.I am trying to buy a condo in Phoenix area for short term rental. Property price is $125,000. How much do I need to put down? My credit score is 740 and upMy lender told me it is easy to qua...
Hello BP Members!I feel like I've finally found a (metaphorical) home! But before I get into all that I'll start with a quick intro. ;)My name Sam Valme (pronounced "val"-"may", Haitian decent). I am a software engine...
Hello everyone, so I been window shopping, so to speak and I found a really nice property in a good neighborhood that I am familiar with. It's a foreclosure on sale for $12,000. I'm completely new to real estate so ...
Hi,Are there any East Cleveland landlords that can help me with a valuation of a property? A note is available, secured by a duplex in East Cleveland. I do NOT own the note and this post is not about seeking buyers....
Just a week ago I closed on the refinance of my 48 unit apartment complex purchased just 18 months ago. Since I get a lot of questions from individuals asking what I look for in a multifamily property and what a good ...
I purchased a property in Lexington, VA with two houses and a vacant lot this January. The vacant lot is 'landlocked' behind the two houses and bordered by neighbor houses on the other three sides. There are two alley...