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Say a house was built around 1910 and is in a college/low income area, so it takes a beating. How much longer can these houses really stand for? Won't they have to be torn down soon?
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I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks f...
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Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...
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I am planning to invest in a short-term rental in Cancun or Miami and list it on Airbnb (or have it as a condo-hotel within a hotel and have them manage it directly).Is Miami or Cancun best to maximize profitability? ...
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I am considering a partnership with a real estate investor to buy and hold multi-family real estate deals. We will call it "XXX Company" for example. The partnership is 50/50 (as defined by our operating agreement), a...
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Offer accepted on a house in Talofofo, Guam. The house is a new construction 4 bedroom 3.5 bath, two stall garage, big lot, concrete fence w/ electric gate and beautiful uncontested oceanview. I had originally intende...
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After acquiring a couple of turnkey SFR’s I have come to the realization that I need to transition to the BRRRR model in order to meet my goals. I have established a few criteria and would appreciate constructive feed...
I’m loooking at purchasing a small multi-family (3 unit) brownstone in Brooklyn for around 1.5 million. I plan on moving into it and renovating and renting the other units out. I am just starting discussions with mort...
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Hey BP! My wife and I have been scouring our little city for a house or duplex to buy. My dream is the duplex, she would prefer a house unless we can find a duplex in a nice location where she can relax.
The other d...
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Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....