Im currently about to acquire a single family detached with Seller Financing, however the property could make for a Great flip but also a decent rental property. The minor renovations throughout will seriously increas...
Is rehab/rent a less realistic strategy now?
Hello BP people,my family and friends think I've lost my mind by being a real estate investor so I have to ask my questions here! I have a 4 unit currently. I've been looking for multi families under 80k that have a g...
The real estate market in Greater New Orleans has undergone significant changes in recent months, making it both an intriguing and challenging time for buyers, sellers, and investors. In a recent discussion on the Str...
So the new owner wants to increase the rent but I can't afford it. But the property needs a lot of work. I saw that I have the right to look for a new place for 60 days without paying is that true? And so could you g...
I have a 5 plex I'm closing on in GA. The current rents are below market rents. To get it up to the market, I would have to increase rents by about $500/month on each unit. 1 unit is in poor condition and is MTM so I'...
I rent out a beautiful luxury apartment in a co-op for 2,250 per month. After maintenance, mortgage and rental fee my costs are about 1,750 per month. So I make about $500 monthly on the place. The apt was gut renovat...
In 5 years, I plan to move to St Louis. I've been researching areas in St Louis and think either downtown or the Central West End are areas I might want to live. I want to be in a very walkable location, close to a g...
With an 8% mortgage rate, there is no way to have positive / break even cash flow buying a market price property on MLS today. I picked a house in the MLS today. $460k asking price (non-expensive market price) on a ...
The Atlanta Business Chronicle just published an interesting article showing that most of Metro Atlanta has seen double digit year over year rent growth. With pretty much every suburban area of the market seeing an in...