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I just got an email that sparkrent is closing its website to offer a "better experience" thru quick books. What are you currently using for online rent collection? And what do you like about it?
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Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
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Greetings BPers,Looking for some opinions on building new multi-families to hold as long term rentals and possibly live in one unit. The market where I would build: medium size town with median home price at $331K, av...
Hey Everyone, my goal is to analyze at least 1 MFH deal a day for the next 30 days. For Today's Deal, I am analyzing a 24 unit complex I found on Loop Net (Address: 11519 Pecan Creek Pky). Below are the details:Ask Pr...
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I plan to retire in about 6 years and would like to buy a property on the Florida coast that I could use for rental income until I move down there to retire. I have no experience in real estate. I've bought two homes ...
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Hey Everyone!
My business partner and I have recently been talking about investing in real estate and were interested in the New Orleans market. Can anyone give any insight on how AirBnBs work down there? I have be...
Alright so obviously more bedrooms means more tenants and more rent. However, it also usually means lower rent per tenant, so you have to deal with more potentially bad tenants. I also personally feel like when there ...
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Hello all,
I recently came up across a small apartment complex (4 buildings, total of 22 units) which would be part of a 1031 exchange from a previously sold retail plaza. The potential downside is that most of the...
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Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
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Hello! I am evaluating a Duplex in a semi-rural area in northern Michigan (about 30mins SW of Traverse City). I am struggling to find comps for both the purchase price, potential ARV, and potential rents to determine ...