Looking at a duplex in a rural area that I am familiar with. The property is a duplex, low taxes, fully leased.

Details:

Accepted Cash offer price: $58,000

1200 square feet (two 600sq ft units)
...

I am a new landlord on some out of state houses, thus I hired a management company. Today, the mgmt company asked me to approve a potential tenant for one of my homes. Single lady with two teenage kids. She has a c...

Just got approval on our first deal!

We had our offer accepted for a 4 unit, 12 bedroom "quad". List price 330k, accepted offer of 275k.

Now onto the rest of the process. Earnest money gets mailed tomorrow, then tim...

Just heard from agent this morning that an offer I made and refused to go any higher was accepted today. Original list price was 147,500; I originally offered 133k, they countered with 141,500 so I said 137 last and h...

Hi All,I have two tenants that have been with me for just over a year now.  Their lease is officially expired and they are going month to month.  They are nice enough fellas, but they are habitually late every month. ...

I am trying to buy a duplex that is need of updating.  I made an offer over a month ago of $90k and the list price is $129k.  They countered at $128k.  It has now been about 5 weeks and they haven't lowered their pric...

Are there any cons in accepting digital payments like Zelle or paypal? People today do not want to send a check. It is also instantly in my bank account. 

Wondering what everyone's lowest acceptable cap rate on rental properties is in this market? 8% cap? 10% cap? More? Less?
I Understand that it more than likely varies, and is based on many different factors (type of ...

I recently went through the process of getting a HELOC to use for downpayments on seller financing deals. After everything was said and done, I was only given 11K for a 10-year draw period at 9.1 percent. I was disapp...

What is the acceptance criteria that you use for tenants? For example, minimum credit score, criminal history, income, etc?
Also, which website do you recommend for doing credit and criminal history checks?