Hi BP, would any investors pay retail price for a rental minus repair cost? Or would you treat it like a fix and flip and try to buy it at 70%? Or Would rentals typically sell for 80-85%?
Hi all,
My wife and I are currently looking at long distance investing, buy+hold rental properties outside of our local area. We have one rental in our local area but honestly, the homes are way too pricey vs rent t...
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear. Still have some deferred maintenance...
Greetings-- I know a bank REO will list the asking price sometime this week. My first question is can I consider this REO to be a "short sale"
I know the first mortgage: 198,000
2003 purchase price: 150,8...
So I am wondering what I should do with $40,000 that I have. Should I invest it in mutual funds or should I invested in buy-and-hold single-family residence? I am looking to invest for the next 15 to 20 years and hav...
Looking at an single story 8-plex building and the numbers work, but there are a few items that bothered me.
All eight units (1/1) are currently occupied, tenants are either on month to month leases or no lea...
So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
Hi BP,Hopefully you can guide with the next steps, this is what I have going on. - I Own a home in south Florida (fort Myers) that is paid off. My mother lives in this house, and will for the rest of her life. The val...
Someone with experience, or any words of advice...please help. I just had another confrontation with my landlord, leaving me shaking all over and wanting to break my lease.
You see, I live in the same house as my la...