I am terrible at understanding ROI. In my bottom-line thinking, there's either profit or there is not. Assuming I'm using my own funds, I understnd there's ROI when I buy and sell, but how do I figure ROI when I add...
What are some red flags to watch for when interviewing Property Managers?
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
Hello all,This is my first post on BP. I am getting ready to go hunting for my first wholesale deal here in eastern Pennsylvania. After doing much research, I've been hearing time and again that (besides having a real...
So I've always called the previous landlords on our tenant's application.. However as of lately I'm seeing a dramatic increase in the number of landlords who are unwilling to just give me a couple quick yes/ no answer...
Hi Everyone!I just purchased my first investment property in a decent up and coming neighborhood in FL. The prop is a 2-story 5/3 detached duplex that was originally built in 1940. The prior owner was a flipper and, a...
Hey BP,I am analyzing on surface level for my first deal which I am looking into MFH. I found this ideal ideal 4plex that was on market for 650k. I think this was a tad expensive, changing websites to zillow showed an...
So ive been doing trying to find comps for homes that Ive been randomly selecting or see that are fsbo, in order to practice how I would go about finding deals. I get the address and then use the apps, zillow, realtor...
The Queen City.
Charlotte is the largest city in NC, and the 15th largest in the US, sporting a population of around the 900k mark not including the immediate surrounding towns. Those added populations of those areas...
Hi everyone,I am looking at a house that shows structural problems. The question is - are these problems very serious and I should stay away from this property, or are they not as bad as they seem? Background: This is...