Hi I purchased a triplex in a decent area with inherited tenants. I closed a few days ago and I went to the property to hand out a welcome packet. This included a welcome letter stating all the normal stuff, I infor...
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
Hello My Fellow BP Members, So I have a friend, who is in desperate need of a place to live. He doesn't make enough to pay the rent on his own, but is moving in with his Grandma as well, who receives a Soc...
I’ve just completed the rehab on a property and started taking rental applications. I’ve received an application via Zillow (with their credit/background check), and received what appears to be a very qualified applic...
Good evening everyone, I spoke with my broker this week about getting into wholesaling. While she wasn’t 100% for it, she didn’t say I can’t do it. Her issue is that she thinks I will be taking on a lot of risk. I per...
I've recently had some great discussion with a fellow tax lien investor and I've been researching liens more and more. Come to find some potentially quetionable ethical calls made and I'm curious to hear what others b...
I'm working on purchasing a piece of land (with an old house) that I would use for some new construction. When looking at a land map of the property (and also looking at an old survey the owner had), it appears th...
We where faced with the challenge to rehab or not a property we own free and clear in Puerto Rico. I am originally from there... This is a class C+ neighborhood in the Carolina area near a regional hospital. The econo...
Well, I'm in a bit of a jam. I have a 10 unit building in Ohio that I need to make a decision on. I just had one unit busted for dealing drugs, so they were evicted. I've also had 4 other units sent eviction notices f...
From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...