Do any multi families actually operate with only 25% expenses in relation to gross rents. I made an offer on a multifamily property and used 50% rule as a guideline. The realtor's response was.....
" Vacancy ...
You guys gave me some excellent advice on a problem tenant that I acted on and am way better off for it. I wanted to get your advice on what my direction should be going now.
My situation is this.
My husband and I b...
I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...
The Buy:Offering $15k below asking price ($170k) on a wholesale deal would make some people a bit wary of ‘pissing off’ the person selling it. I figured I would go for it, worst case scenario the wholesaler hates me. ...
Hello! We are considering 1031 exchanging one of our long-term single-family rentals here in Kansas City for a short-term rental condo in Myrtle Beach. I'm nervous though about getting rid of our cash flowing long t...
I have three rentals which I've owned for the last 12 years. I was able to buy them cheap and build a lot of equity which I currently gross $4,600/month and my current net is $2,800 after insurance/tax/mortgage/utili...
Hi everyone, quick question. I have a seller that believe his property apartment complex in gastonia NC is worth around $400k because "my wife works at the bank and she deals with multi million dollar company everyda...
In the range of your market rent, where do you like to fall? In my experience in real estate, I enjoy falling anywhere from the middle to even the low end of what our market/area will allow. I prefer picking from many...
I live in Denver, and am considering going the AirBNB/vacation rental route for my next property. I recently visited Joshua Tree, CA and saw how well branded, beautifully decorated, and incredibly remote most of the p...
Hi BP members, I am reaching out because I have a property for rent and am not getting qualified prospective tenants. I am looking at the option of using it as an Airbnb. I have heard mix results about airbnb and was ...