Hi everyone,
I’m a first time investor in So. California. I have a possible deal that I’m looking to put an offer on:
SFR: 3 bd 1.5 bath
Asking price: 310,000
Comps: 307k-345k
Rent: found two homes that rent at 1900...
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Hello BP,
I'm looking for some clarity regarding my numbers on a rental I have:
House was purchased for 30k
Monthly gross rent from section 8 is $750
Mortgage is $365
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What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
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Found an interesting situation with a house and business included in the same sale. The business has been in place for 30 years and I am interested in continuing it as I have worked in that same industry in the past a...
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I am new to REI. Looking to see if doing a BRRRR would be a good idea on a Waianae, Hi home appraised at 300k. House is a 4b3b, needs bathroom repairs, maybe kitchen UPGRADE. Possibly looking to buy out siblings. Wha...
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Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?
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Good Afternoon,
The property listed below is going highest and best on Wednesday. It is currently listed for 459,000 but I expect to enter a bidding war. Even at 475,000 I can see this being a great property. The num...
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It is normal to rent a house that would require the tenant to provide their own refrigerator? I'm looking at making an offer on a property that doesn't have one, and I'm trying to determine whether to include the pri...
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Greetings BP family,I hope I’m asking this question in the right forums, if not please don’t hesitate to let me know.So the situation is that a friend of mine was breaking her lease to travel overseas on military/cont...
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Hey everyone, I could use your help and advice on how to discourage tenants from breaking their leases early.Context: I own a single family home in Oakland and rent out 3 of the 4 bedrooms. So far, my net vacancy rate...