Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...
Good Afternoon Local LA BP folks,
I know this has been a hot topic among the local LA investors and as a mortgage broker I was very curious on how ADUs are actually valued as I keep hearing different sides to this. I...
Hi All,I found some $20k already rented properties in Detroit online last night and I'm just curious why everyone hates on Detroit so much. @Joshua Dorkin and @Brandon Turner why do you guys beat up on the city? Is it...
We are buy and hold investors...invested in Las Vegas, 5 homes, before the boom and pop, and are holding the homes as they are positive cash flow. Next, we discovered a suburb of Houston, TX with newer homes, masterp...
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
I have a unique request from an applicant for my SFR, who is an artist, and wants a five year lease.
His justification is he is an artist, wants a long term lease, to lock in the rent. He and wife, both arti...
In what cities/neighborhoods would a turnkey property yield the best cash flow & appreciation?
Has anyone taken interest in "Tiny Homes", less than 500 sq ft homes.
I've been reading up on these, and it looks like people are building them ground up for less than $15k. Some people are claiming to live here for ...
I'm really excited I passed my school and state exam for RE! Im ready to select a brokerage and Im sure being a new agent may be difficult. So to start my career, besides spreading the word to my sphere of influence, ...
I am curious if anyone has employed the simple strategy I was thinking of for investing in any kind of property:1. Use something like ATTOM API to get historical sales snapshots, or just all the historical sales of th...