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Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
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I have seen a New Family dollar in a small town for 1 million at 8% cap rate and NN for 10 year lease. Any thoughts on Family Dollar as investment as I will be doing this as all cash? Its in Oakland,IL.Just never done...
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I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
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A run down house in a good neighborhood is for sale at $230K. It has already been reduced by $20K, but I think the renovation costs will be quite substantial given the list of things that need to be replaced inside a...
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Hi Guys please help us out here.We rented an apartment on 15sept and paid 2 months deposit to the owner. After 3-4 days we found there were bed bugs in the house and we contacted the owner to do pest control in our ho...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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Houseshare/roommate setting.
Had one person want to bring their 60 pound dog. Said it was house-trained, not kennel-trained. Young tenant, probably 20 or 21 years old. Friendly breed of dog. Would you rent to that si...
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Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...
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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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Planning to get started with my first BRRR, so got in touch with two different companies who can bring you off-market deals:1. New Western2. NetWorth RealtyI feel both of them are little pushy for you to make an offer...