I buy in Birmingham where okayish properties list for 50k, can be rent ready for 2-5k, and have ARVs of 80-90k.
If I can put 5k in and get the appraisal to 85k that will allow me to be front end profitable on rentals...
Let's start with a quick history lesson, is a conversation about affordable housing any more relevant than the day a terrible CPI report driving Shelter Costs is released?Here is a graph of the number of units sold as...
I have a four plex with old carpet that needs to be redone, it’s mostly steps up and down. I live in the northern part of the country with long winter/wet seasons. What would you guys recommend for flooring? I want to...
In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
I currently have 4 single family properties and plan to add another very soon. I have reached the point that I really need to use a software program for management (I probably should have had one a year ago, or longe...
Hello,I would like to know if it’s possible to form an LLC out of state. For example for someone living in NJ is it possible to form an LLC in Texas? Please note my goals are not just real estate as I am also consider...
Hi everyone! Total noob here. I’ve always been interested in real estate investing, specifically short-term rentals. Finally pulled the trigger this past summer and bought my first SFH for STR. It’s a turn-key house i...
Hey so I am closing on a duplex (2 bed 2 bath each unit) in Foster Powell Portland that appraised for 50k over $320,000, which is the price of purchase. I want to live in and rehab the back unit to refinance later thi...
Our prior tenant screening company provided us a report within an hour or so.
Our new tenant screening company touts same day results in their advertising, their auto-generated reply indicates 8 to 10 hours, ...
Hi BP - I am living in Boston and working for a startup out of my home office. I am Canadian working on a visa and I am beginning the process to obtain a green card. The last piece needed before submitting for a green...