Yet to run the rental history, but the prospective tenant has acknowledged in my pre-screen check list that he (and his wife) have fallen behind on a rent previously. He says, they did end up paying up the balance. N...
Yesterday was a great day! I'm still so excited I cannot sleep. So first, my deals. I have a contract finalized on a Section 8 property that will be bringing in 20% net of expenses. I found it through postcard mailin...
Hello all,
I've been enjoying all the wealth of information on this site. This summer i attempted to buy my first investment property. My market is in Rochester, NY. I get occasional emails from the agent i...
We are looking at purchasing a brand new 4-plex to owner occupy while we are stationed in the middle of nowhere, Missouri. Each unit is 2 bedroom, 2 bathroom, and the average rent on units like these is $875. The elec...
Recently, my family added a duplex to our investment portfolio. I was super excited about it because it's only 10 minutes from my house! I ran the comps for the neighborhood and saw that there wasn't a lot turnover ...
Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
I’m netting 2-3 times what I normally would be renting this unit for w/o Airbnb! And running it like I’m out of the country! Sweet! :) But had some challenges and failures along the way. And some shout-outs to those w...
Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
Hello, I wanted to share a purchase of a duplex I made in September.
I started looking for a place to rent in April. I started searching and found a couple of places that I may have liked. While looking, th...
A total real estate investing newbie here. I don't even know if the term "real estate investor" is a misnomer for me! I'm taking really small steps in going into this, but from what I have read, this is the path t...