Prag Patel
Property Manager Backing Out of Raising Rents
One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
Benjamin Kanevsky
Any areas out there for single families close to 1 percent rule?
Looking to find an area to purchase some single family rentals. Not looking in areas with declining population, high property taxes or schools rated below 5. Is it still possible in 2020? I’ve literally been looking n...
Adam Sciupac
Model Home Leaseback in Charlotte, NC
I have an opportunity to purchase a model townhome from a builder in one of the better neighborhoods in Charlotte, NC. The builder would then lease back the model home to use as their office/model for the duration of ...
Rong Liu
Low Credit Score applicants
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
Jesse Hodges
Scranton and Wilkes-Barre
The Scranton/Wilkes-Barre area housing prices seems to be really low for multi-families that still have solid rents. Example: 90K asking price for 6/2 (with minimal rehab needed) while average rents are $700-850 for 3...
Chukwudi Motanya
Business Plan
Mission Statement
Initial goal will be to generate enough passive income in order to maintain a lifestyle without a job. $4,000 of passive income will allow me to live without a full time job. Next goal will be to ge...
Joshua Fair
Dealing With Wholesalers?
Is there an advantage of dealing with wholesalers for REI?
How much do you usually have to pay wholesalers?
Page Huyette
Duplex deal--thoughts?
Would appreciate a review of this potential deal.
Duplex (2 on a lot) 3/1 House built in 1900 with large kitchen, finished basement
Back unit built 1998, modern 1/1 open floor plan with radiant heat, heated 2 car ...
John Cho
Questions about syndication deals with two equity class shares
Ive seen a proliferation of deals in the last year with two equity shares consisting of preferred equity and the more typical common equity that is common to more typical syndication deals. The Class A preferred equit...
Jen Norvelle
New member from San Francisco
Hello BP Community!I'm from the San Francisco bay area. My wife, @Annelyse F., and I are looking to invest in properties to buy and hold. We have the capital, but we want to make sure we are making smart decisions. I'...