Wes Brand
Worth buying?
Cap rate: 8-11% (you'll see in a minute)All cash deal. Price is firm. Duplex, currently 100% occupied. To leave out the boring parts, I have run through the numbers and I come up with a NOI of 10k/year. With a mixture...
John Thedford
NO PLACE BUT UP
Feb 10 at Fort Myers Board of Realtors: Ted Jones speaks. I copied and pasted this from the board website:No Place But Up – Interest Rates, Rents, Prices, Real Estate and the Economy Ted C. Jones, PhD Chief Economist ...
Jonathan Wildy
ok frugal rehab to renters.... I need suggestions
Home depot is expensive... so where do you go to get your rehab things? Habitat for Humanity Re-store? are there warehouses ... direct window suppliers, direct flooring/doors/fixtures without home depot or someone l...
Brian Wilson
Building your credit
Good Morning BP!I'm at a bit of a cross road, and thought I would seek out some sage advice from the more seasoned individuals here on BP.Goal: Trying to increase my credit scoreCurrent stats: (score 709 according to ...
Aaron Helmholdt
Where flippers find their properties
This post is for all the rehabbers and flippers out there. I have a long term buy and hold strategy but have recently been interested in learning more about flipping and doing maybe 1 or 2 flips a year. I want to ...
Clarice Kelly
Renters’ Credit Score
Hey all! This will be my 1st BP convo. I searched the topic, but most recent that came up was from 2016. How much of a stickler are you about a renter’s credit score these days? Our property is probably in a B or C ne...
Jon Klaus
A household needs just $29,789 income to afford a home in Cleveland, but it takes $137,130 in San Francisco
Wide range in the USTexas is still relatively affordable, with Dallas, Houston, and San Antonio each requiring less than $50K household income to buy a home.
Al Turner
Funding Strategy
While knowing that commercial property is evaluated on its income making potential, I seem to have missed a step.
I am in the market to purchase a MF in Chicago and finally found a lender offering a loan at...
Sarah Ali
Is not having/finding tenants a real concern? what do you do if you can't find any?
One of my concerns with buying a rental property is not finding tenants (or worse, finding bad tenants). Is this a real concern? How do you mitigate it?Where do you get the money to pay for the mortgage for those mont...
Joshua Hill
popcorn ceiling
I just bought a duplex and I was thinking of removing the popcorn ceiling. Is this too much of hassle? It is probably not worth messing with a tennant probably wouldnt care too much about it. Maybe however this lit...