Having looked at over 200+ overpriced properties in the FL(Panama City/Orlando),TN (Pigeon Forge), GA where i have not been able to figure out any positive cash flow scenario. Yet, they are all flying off the shelf in...
Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...
I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...
So my wife and I have decided to purchase a quadplex here in San diego. We would like to live in one unit and rent out the other 3. Does anyone have a good rule of thumb for a realistic Return we can expect in terms o...
Hi BP Community,
New investor/landlord here from Northern Nevada... I bought a house in 2016 (Reno, NV area). My wife and I have lived in it for 5 years. It's appreciated nicely and we've paid down the loan. We re...
Purchased a duplex in October 2019, and inherited a tenant as well as a 12 month lease that extends through May 2020. While we've attempted to show good will and provide reasonable accommodations, our tenant has unrea...
Scenario - Orange County Condo selling for $340k. Worth probably $380k-$400k
Short sale.
Motivated seller
VERY desirable neighborhood
How much in percentage do you normally offer?
Like 5% lower? 10%?
Does $315k soun...
Good Morning BP,
Reaching out for guidance on using the Rental Property calculator for a Multi-Family NJ house hack where I will live in one of the units.
My partner and I are currently in the Central NJ part for ...
hey guys i currently like in a rental property with a landlord, and there has been 2 damages to the property. One being the window curtain shade and the other being the toilet seat handle, its been almost a month...
With all the focus I see on calculating investment returns, something I consistently see missing in the analysis is: RISK.There are two sides to consider when analyzing any investment: Risk and Return.As a community, ...