Hey All,I’m new to BP and short-term/vacation rental (specifically Orlando, FL area) is what peaked my interest into real estate and I have been immersed in gathering information. I have been trying to run numbers and...

Hello everyone, I am a recent college grad working full time as a civil engineer. I am wanting to get started in purchasing rental properties but don't have much money to start. I have been looking at cheap foreclosur...

I just received a call back regrading a post on a house on Craigslist. It is a row house and looks to be in below average condition, will need some cosmetic work inside from what I could tell on the pictures. Before I...

Hi everyone, I've been browsing BP for several years now but never pulled the trigger. However, now I'm in the process of buying a property along the Oregon coast a couple blocks from a beach with the intention of mak...

When you look at this chart, you see that overall there is often a mild impact on real estate prices but not always. Sometimes the prices remain unaffected and sometimes like with the 2008 crash, they can be significa...

My wife and I have been renting in the area for 6 months. (subletting for cheap)

But now we both have jobs and we figure its time for our own space. We looked around and found a a place we love that rents for $1,375...

Location: NW Indiana, greater Chicago area.
Asking price: 60k
Offer price: 55k
Loan amount: $41250 (25% down, 5.25 interest)
Expenses: $750 annual property tax, $900 annual insurance, 8% vacancy, 13% capex/repairs...

Hi,
My prospective tenant just completed the mysmartmove background check.  Hi credit is high and everything else is clean. The only issue is that SmartMove says that there is an "SSN mismatch" and that I should veri...

Hi All,

I just joined BP and would like to ask a question on my new rehabbing project.

I acquired a 1bed/1bath property in San Jose bay area for about $400k. It has about 800 sft in about 7000 sf lot. I am conside...

Hello BP,

I am preparing a budget for a SFH that costs $50k. The monthly rent is $1k. Using the 50% rule of thumb I don't see how $500/month (which amounts to $6k per year) is enough to cover all expenses except P&am...