I am about to purchase my first single-family rental property, and it will need some work to be rent-ready. I am planning the reno now to be ready for when it's time to get to work, and I keep flip flopping on what to...
We closed on our 2nd flip here recently. It is a 2900 sq/ft ranch style home on 5 acres in East Texas. The home was bought from the MLS. I noticed it after driving by it all the time and seeing a for sale sign on it f...
We are about to close on our first 100% 4-plex in San Diego, CA. We are inheriting all tenants and leases. 3 tenants are month to month and the 4th just signed a 6 month lease with current owner. We need to evict one ...
So - have a tenant that moved in, and during her walk through, asked for a couple of improvements. I've been down this road before - so I rolled my eyes. But then she snapped me back to reality, and said that she ...
I went to look at a property and couldn't get financing through my current bank. I went and explained to the owner what was going on. (The owner flipped the house, if that matters).
Owner emailed back a day or so la...
Hello BP community, I'm a newbie to REI and I've been looking into multifamily homes. I found a 4 unit property that is going for 205k and it's gross annual income is 40200 with operating costs at 1200. Right now, the...
Hello all,I have read and learned a lot over the years. I have never posted or been in a position of actually making things happen before. I am not sure about the best thing to do for my situation. I will give details...
I've followed along on the blogs but just discovered this part of the website. I'm looking at a deal where the seller will sell me his properties that are in a lease hold agreement. He said there's equity but that c...
I have a 1 year lease that has matured into a month to month contract with two tentants.One of the tenants has given me the 60 day notice that they will be moving. The other tenant would like to stay on the month to m...
Investment Info:
Single-family residence fix & flip investment in Vancouver.
Purchase price: $155,000
Cash invested: $109,000
Sale price: $359,000
1910 Bungalow. Full renovation and update of...