I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...
Hello everyone, my name is Eric and I’ve trolled the forum enough and listened to enough podcasts to build up the confidence to dive into my real estate investment journey and start the new year on the right foot!My w...
Early Retirement & Real Estate Exit StrategyI am new to BP. I have been investing in SFR (Buy & Hold) for 18 Years. Last 2 Years, I am considering different ramp down strategies on my investments with a primar...
Hello All, I've got a bit of a problem that I'm seeking some guidance on.I was a tenant for the past two years in a 3-family house in Boston where a full month's rent was held for a security deposit. I've been working...
Below is a chart of the cities with the best CAP rates vs the worst CAP rates.
Recently a few business partners and I invested in a 16 unit apartment complex in Phoenix, Arizona. We were given rent roll for 4 months prior to purchase that showed 15/16 units filled with paying tenants. The P&...
So I bought a 4plex in Michigan back in September and hired a handyman who only had positive reviews on Google, Yelp, Facebook, etc.
He seemed pretty trustworthy at first and I hired him to get all 4 units rent ready...
I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
Hi thereAlthough I have been a landlord for three years, just recently I have given serious thought to get into real estate investment. I have a realtor who is an investor and seems to be very good at it. It seems the...