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OK, so we bought our first property in May. A 1930s or so craftsman house. It has character and hardwood floors throughout. We paid $77K, 25% down. We ended up with about $27K in rehab. The place looks great. Ne...
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Many investors seem to be looking for rental properties in areas with low property values. This makes sense given that rental returns tend to be much higher. For example, I live in downtown Chicago and found that retu...
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Good morning fellow BPers.
I have a unit where I've rented to the same gal for 3 years. She has been an ideal tenant--very clean and rent is always on time. Two months ago her boyfriend moved in who is an architect....
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Hello again BP community! I wanted to see if anyone has any experience/insight into the Providence RI rental market. I am looking into some multi family (2-3plex) in the city and there seems to be some decent deals ou...
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I'm looking to get into a turnkey in the Indy area this year, and just wanted to see if anyone has worked with this company that we're planning to use. We've met the them a couple of times for a seminar that they put...
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Many Landlords have no idea how to get rid of a tenant, whether it's for non-payment of rent or for lease violations. This is even more obvious as the eviction moratorium stretches to almost a year now.Share your best...
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Hello, People of BP!I want to know how those of you who are out of state investors do it. Do you actually travel/drive/fly to do a walkthrough on the property before you make an offer? I feel like that lapse in time c...
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Hi all and G'Day!My name is Lindsay Stewart, a real estate investor from Melbourne Australia, but currently focused predominately on property in the US. Specifically working in Detroit MI and Pensacola FL at the mome...
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Im currently looking at a Fourplex in West Texas.Unit 1 -- 3 BR 2 BAUnit 2 -- 2 BR 2 BAUnit 3 -- 3 BR 2 BAUnit 4 -- 2 BR 2 BAAll four units are rented at $625, $525, $625, $525. Total monthly income is $2300. It has...
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Looking at purchasing a 23 unit apartment complex that was originally built in 1908 for 125k. The building was originally a high-end residential apartment. The interior has been demoed except for the interior walls an...