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I am under contract to buy a C-class 12-plex in Tucson, Arizona for 680k (roughly 57k a piece all 2 bed/1 bath). Rents are currently $500 at the moment but market rent is about $725. I pay water and garbage. Here is t...
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We have a nice 4 bedroom in a quiet, middle class neighborhood. I got a call from the owner of a solar panel company based in another state and wants to rent the house for his technicians to stay. They have a wareho...
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In your opinion, how do you anticipate the market in Austin & surrounding areas will be impacted by major corporations such as Samsung and Disney moving into the area over the next 3-5 years?
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I am sure many of you will disagree with me, but I am seeing a lot of posts talk about “today’s high interest rates”I believe there are many of us who view today’s rates to be more of the norm versus the outlier.If yo...
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So I hear people talking big game about owning Properties long term and the cash flow going up.In some states that are high property tax state like Texas here is what I have seen. 1. The taxes and insurance are increa...
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BP,I am struggling on whether or not I should raise rents on about 20-25 units out of my portfolio. Where I'm located (southern state of IL) rents have kind of tapered a bit, and I realize how tough it is out there ri...
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A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. This would include architectural fees, new equipment, cost of protec...
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So my partner and I just started a short term rental business that mainly serves traveling medical professionals. I was currently looking for properties in a good location because a lot of our potential clientele trav...
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I just finished "The E-Myth" and could relate to so many examples the book gave over this last year. My bookkeeping business helping real estate investors, agents, wholesalers, and contractors (shameless plug) is grow...
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Hello BP!I was wondering what information experienced investors look for when buying Hotel/motel investments. What information is most important for analyzing these deals? If any investors in this niche could enlighte...