Gary Dezoysa
Is Section 8 in high demand pretty much everywhere?
Greetings, I come from Southern California where section 8 housing is in high demand. However, I plan on moving to a cheaper area of the country where $30,000 houses in working-class areas can be found.I'm not sure if...
Joe Splitrock
How Do I Collect From an Ex-Tenant
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
Daniel Miller
9 Unit Apartment Analysis
I am looking to make an offer on a 9 unit in my farm area and I need a little bit of advice. It is in a B- part of town that is quickly transforming into a sold B and potentially a B+ in the future.
The askin...
Frank S.
Foreclosure Sales – I need an education
I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Amit G.
Newbie: Flip or Rent/ BRRRR
Hello fellow BP'ers! Like any other newbie starting out, I too have a lot of basic questions. I am grateful to this community who likes to kick @$$ and make you get started. Its like having an older sibling that make...
Jacob Tudor
Lender Dropped the Ball and Cost Us Thousands!
Hey!Up until now, we have bought our homes in cash. I wish we could continue to do so, because bank mortgages aren’t fun!I would really like to see if I could get some guidance from the BP community and figure out if ...
Jamal L.
Deal or No Deal? it cash flows, Right?????!!!!!!!!!!!
Owner is selling because she is up in age and wants to retire. Sale Price $25,000Closing cost $2,000Total Acquisition $27,000It is currently occupied with tenant. Tenant exceeds...
James Wise
Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement...
Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement for Realtors.Change my mind freaks.
Jack B.
Heavy property taxes in WA worse than state income taxes
I’ve been planning a relocation recently avoiding states that have income taxes. Then it dawned on me that I’m paying 25K a year in property taxes here, which is CONSIDERABLY more than I would pay in income tax on my ...