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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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One of my tenants will be moving in July and I am beginning to do tours for the turn over for potential renters and the moving tenant is asking for us not to do tours due to safety concerns because of covid. I notifie...
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Hello BP,My Question: Which cities are prime for cash flowing 1-4 unit properties and what metrics specifically do you use and from what site? Census Bureau? REIT reports? etc. Anyways, I'm working on selecting 2 cit...
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A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
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I have never listened to a pod cast before.. but I thought I would try one on BP and listened to one last week about a nice young man who is buying out of state and was all excited about it.The really important factor...
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Given the uptick in the real estate market and strong demand for rentals, the concern I currently have is... are we making purchase decision based on the current strong rental demand, and eventually the tide will s...
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Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
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Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...
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The General Canadian Real estate market has been going strong for 20 + years without any major pullbacks. I am curious to find out when does the BP community think the prices will start to go decrease in Canada ?
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This forum is not to be used for politics. However this proposed plan is squarely about landlords and renters. So without saying anything about the candidate I thought we could discuss the plan and some of the mor...